Phone: 0410 722 533
Johnston Business Sales
The Vistas Dr,
Carrara, QLD 4211
Phone: 0410 722 533
Food/Hospitality for sale
Iconic Lounge Retailer with room for growth......only $249,000 + SAV
What an opportunity! This is a long-established lounge and sofa retailer with an enviable record for quality and design. For more than twenty years they have been retailing beautiful furniture right in the heart of Sydney’s heavily populated Western Suburbs. The business has a continuous history of profitability with fantastic margins being enjoyed since inception. The showroom occupies a pivotal corner location on a major road with thousands of vehicles passing every day. The business acts as its own “billboard”
While there is an historic record of stellar profitability, it now cries out for someone with some marketing and entrepreneurial flair to take it to the next level. There is room to expand at the current location; new complementary product lines like bedding and dining can be introduced seamlessly; new showrooms can be opened across Sydney. The business name and reputation also lend itself to being franchised readily and as lounges and sofas can also be made to order, there is an opportunity to introduce a “Premium” range.
Turnover is an impressive $1.2 million. Even more impressive is a bottom-line net profit in excess of $400,000. Full financial figures will be discussed once the owner is contacted by the interested parties. The business can be operated very successfully by only three people. Included in the price are two registered vehicles. The Mitsubishi Triton and Nissan Navara are used essentially as mobile advertising posts to attract people to the business. As there is no experience needed, the business can be run under management and still show a massive return on your investment.
There are very few business that will give you a full return on your investment in less than twelve months. Nor are there many who will provide excellent high double-digit returns even when placed under management. Expand on the current site, expand into bedding and dining, expand to other locations or take the logical step and franchise this business….THE SKY IS THE LIMIT! Do not hesitate as one phone call can change your life. For more information and to arrange an inspection, please call the owner on the number above TODAY!
- Business Category: Food/Hospitality
- Business Sub Category: Retailer