Summary
Revenue FY2023 $2,263,000, Avg Profit $245,079, Established 15+ years, Exclusive brands
Location Details
XB151958 XB151958
About the Business
Business ID: XB151958
Revenue FY2023 $2,263,000, Avg Profit $245,079, Established 15+ years, Exclusive brands
Established for over 15 years, this highly successful and well-regarded retailer/installer provides high-quality office and home ergonomic furniture products to its customers in the ACT and NSW. Servicing commercial and Government clients, the business has agreements with well-known suppliers, national and international brands.
The business trades from well-located premises, with a 522m2 showroom and warehouse. In addition to being a leading supplier and installer of Ergonomic furniture and equipment, the business also offers design and fit-out solutions to clients. The business currently employs six people, in addition to the working owner, and trades 5 days per week.
Business Highlights
- Turnover over $2.2M in 2023
- Profit to owner exceeds $200k in 2023
- Growing customer base with extensive opportunities for future growth
- Highly desirable location and premises in Canberra
- Established over 15 years with market-leading reputation for quality and reliability
- High profile brands
- Custom built and designed desks and workstations
- Readily available office furniture, assembled by client or our installers
- Reception, training room and board room furniture and equipment
- Complete range of office seating
Whilst the business is producing significant returns to its owners, there are future opportunities to expand some niche areas and broaden social media and online interactions. After 15+ years in the business, it’s now time for the owners to retire.
The owner will assist in the transition to new owners.
Can either be a standalone business or the perfect add-on to an existing operation.
Asking Price: $597,000 Plus Stock at Valuation
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