enquiry@klemms.com.au      + (61) 3 9819 4211

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Designer Furniture & Homeware- $185k+stock (12929)

$185,000

Designer Furniture & Homeware- $185k+stock (12929)

This well-established premier upmarket furniture and homeware store

Designer Furniture & Homeware Store - Melbourne CBD

Hot Brand for Acquisition!

This well-established business began operating in July 2008 and is regarded as one of the premier upmarket furniture and homeware stores in Melbourne. Instead of mass market merchandise sold at the big retailers, this business focuses on local, natural, organic and fair trade products carefully sourced from Australian and international brands. The business is successfully positioned in a premium niche market.
The business generates good cash flow for the absentee owner who does not work in the business. The operating revenue for the 2016FY was in excess of $1.1m and the vendor has advised that the Owner's Discretionary Income for the same financial year was $120,000. In addition to its retail sales, the store has a fully established website, social media presence and large database of dedicated customers. Further opportunities lie in the expansion of the current website and online marketing. Stock value is approx. $150,000. As part of the lease agreement the business comes with separate office/living accommodation (currently sublet). A comprehensive handover with medium/long transition will be provided to support the next business owner with no previous experience necessary.

For more information please contact Vlad directly on 0477 567 775 or vlad@klemms.com.au

Business Snapshot

Price: $185,000 Takings: $23,000 p/w

Listing ID: 12929

Overview

  • Listing ID 12929
  • Status For Sale
  • Location MELBOURNE
  • State Victoria
  • Price $185,000

BROKER CONTACT

Vlad Dimitrov
  Contact Us
  Klemms Business Brokers

551 Glenferrie Rd
Hawthorn VIC 3122

Tel : + (61) 3 9819 4211
Mail : email enquiry
Business Hours : M-F 9:00 - 5:00