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For Sale: $6,650,000 + SAV

Business Overview

This well-established and beautifully presented multi-store furniture business is a mature well-oiled business that has been operating profitably for over 20 years.

Operating on the stunning mid-North Coast of NSW, this string of businesses are ideally located in the heart of the area's major shopping mega centers.

  • Revenue $9.3M +

  • Gross Profit $4.6M +

  • FY24 EBITDA $2,000,000 +

The stated EBITDA is after the GM salary of $150,000 (not including).

The business sources both Australian and imported furniture for living, dining, outdoor, bedroom, and office. Their catalogue, offers affordable furniture through to high-end and bespoke ranges for more discerning customers. Many items are offered exclusively for sale in Australia. The business operates on strict stock turn and clearance sale principles to maximise returns.

The business comes with robust operational procedures and policies, which include staff incentives that create long-term, loyal, and enthusiastic staff assets.

Each location has a Store Manager and 2IC. The owner is responsible for overseeing the collective strategy of the group of stores in collaboration with the Store Managers, by working on their forecasting, sales targets and meeting these needs to the supply chain when sourcing inventory with suppliers.

Total wages as a percentage of revenue is 14%, with rent at 6%. Consistent gross profit over the last 5 years, demonstrates this business has a sustainable pricing and cost model.

This business is suited for a Purchaser who has experience in any of the following skills: Sales, Design, HR, Importing, Logistics, Marketing.

Key Features

  • Revenue exceeding $9.3M

  • Low wages of 14%

  • Low rent of 6%

  • Levels of professional management at each location

  • One freehold can be offered for sale

  • 20+ years trading history, first time offered for sale


Buying a business is easy with Vision

"We understand that as every business is different, so is every buyer. Ask your broker about the information the Vendor will make available as part of due diligence so you know what to expect at the beginning of the process."

Dan Levitus

Senior Partner

Licensed Business Broker

m: 0450 326 146

t:   (02) 8923 2632

Daniel Kogan

Senior Partner

Licensed Business Broker

m: 0401 620 918

t:   (02) 8923 2632

The Purchaser is responsible for conducting their own investigations in relation to this business and VBA does not warrant the accuracy of any information contained in this business.


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