This business for sale imports and sells a huge range furniture – mattresses, beds, bedroom furniture, bedding, lounge suites, dining room tables and chairs, as well as manchester and homewares.
The business has a reputation for good customer service and range of stock, established over 30 years.
The business runs out of 3 locations – 2 retail stores and 1 warehouse to store stock.
One of the shops is located in the Essendon area on a busy main road with a tram stop just metres from the door. The other is located in the west in Hoppers Crossing, on a busy road with complementary businesses around. The warehouse is located in Campbellfield.
The business has a well designed website and makes good use of social media for advertising.
This business turns over approximately $2,58 million per annum.
Owners work in the business with the help of experienced staff in each of the stores. There is a total of 3 full time staff and 2 part time staff and 2 full time delivery drivers.
Trading Hours are 7 days: Monday to Friday 9am to 5:30pm, Saturday 9am to 5pm and Sunday: 10am to 5pm.
Combined rent of approximately $269,000 per year for all 3 premises.
New leases are available for 2 of the premises and the third has lease options of 2x2x2.
Makes an excellent investment business or for someone already in the bedding and furniture retail industry to expand into well established locations in the west of Melbourne – a rapid growth corridor.
For more information and to arrange an inspection contact Chris Panagiotidis or Elle Likopoulos on 03 9566 7300 or via email at firstname.lastname@example.org