European Furniture Import and wholesaling business for sale – Melbourne

Income to Owner $320,000

Based in Metropolitan Melbourne this business is basically operated by the Warehouse Manager and overseen by the Owner who lives in country Victoria. The business specialises in providing a unique European designed furniture to Australian households via selected retailers around the country. Monitoring trends in the market both locally and internationally through constant attendance at furniture Expo’s, design houses etc to source new products and designs.

Last financial year income was $1.33 million with a 34% gross margin after all freight and warehousing expenses taken into account. All sales are made to long-term established businesses (no retail sales whatsoever) or logistical requirements are contracted out.

Business Highlights

Exclusive Custom-made Products
Minimal Owner Involvement
Turnover LFY $1,337,000
Income to owner approximately $320,000
Continuity of customer relationship via existing warehouse manager
No long-term commitment to the warehouse lease, business could be relocated
New owners could take over warehouse management in addition to administrative activities thereby increasing personal income
Business is continuing to experienced solid growth

Notwithstanding management expenses, as it currently stands there is still an excellent return on investment (ROI) at the asking price of $260,000 plus stock, the value of which is estimated to be in the vicinity of $350,000-$400,000.

A comprehensive information memorandum for this business is available upon the signing of a confidentiality agreement

Asking Price $260,000 + SAV

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