Price on application
Damon Ambatzis

View phone number

Absolute Business Brokers
7/18-22 Lexia Place,
Mulgrave, VIC 3170

Services for sale

VIC

Price on application

$200,000 - $250,000
Turnover
$1,260pcm
Rent

Business Details

Long Established Upholstery Business For Sale

Established in 1977, this upholstery business for sale has built an excellent reputation for itself over the past 40 years, with many customers returning again and again over the years for custom jobs, repairs and restorations of modern and antique furniture.
Located in a highly affluent eastern suburb, this upholstery business has very little competition in the area and the vendor has owned the business since the beginning!
After four decades, the owner is ready to retire and looking for a buyer to keep servicing the customers that have made the business successful over the years.
Currently generating revenue between $200,000 - $250,000 per year, the owner has done little to no advertising for quite some time, so a new owner who promotes the business can push the turnover up higher.
With a cheap rent of just $1,260 per month and quite reasonable outgoings and overheads, the profit margins are great.
Ideal for a buyer with experience in the upholstery industry looking to run their own small business.
For more information, please call senior business broker Damon Ambatzis on Click to call

Summary »

  • Business Category: Services
  • Business Sub Category: Garden/Household
  • Turnover: $200,000 - $250,000
  • Current Rent: $1260 per month (inc GST)
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Absolute Business Brokers
7/18-22 Lexia Place,
Mulgrave, VIC 3170

Phone: 03 9566 7300
Fax: 03 9561 4400

Damon Ambatzis
Phone: 03 9566 7300
Mobile: 0402 225 989

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