Location:
Melbourne - Greater > Victoria
Investment level:
$159,000
Type:
Business
Industry:
Retail > Specialty retail
The business on offer has been operating since 2001, establishing itself as a key player in the furniture market. It has achieved great success through its two-pronged approach to revenue focusing on
Currently on offer is a popular furniture wholesaler and retailer with a 20-year trading history. It is ideally located on a busy shopping strip where it is exposed to high rates of traffic daily.
*23-year trading history
*$2,000,000 historical average annual revenue
*700 sqm showroom and 1,500 sqm warehouse
*3+3+3-year lease
Nouha Mohtadi and the team at LINK Melbourne are thrilled to bring to the market a thriving furniture operator with retail and wholesale operations. It sources the most unique pieces of furniture for its customers, blending many different styles to create one-of-a-kind spaces.
Products of the business include Chinese antiques and modern recycled timber dining tables to classic upholstered pieces and French-inspired sideboards. Aside from its wholesale operation, the business offers its products at its brick-and-mortar store spanning 700 sqm. It also makes its products available for sale through an eCommerce functionality on its website.
The business is ideally located on a busy shopping strip with its premises featuring a double shop window. The location is exposed to high rates of foot and vehicle traffic, enabling it to benefit from its strategic position. Moreover, ample parking spaces enable it to be highly accessible to customers.
Currently operating the business is one owner-operator who is responsible for the showroom. The warehouse is currently unstaffed. There is ample room to further improve the business with the introduction of new staff members to take the load off a working owner.
To learn more about this exciting operation, contact me today! I would be glad to share more details about the business with qualified purchasers.
Listing ID: ME02858
Broker: Nouha Mohtdai
Phone: 0411 755 568
Email: nouha.mohtadi@linkbusiness.com.au
Ref: ME02858
Timestamp: 20240318070003
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