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National Online Furniture Retailer - Brisbane - 2021 EBITDA $549,373

$2,100,000

Brisbane City, Queensland

National Online Furniture Retailer - Brisbane - 2021 EBITDA $549,373

National Online Ecommerce Business for Sale in Brisbane.

Operating for over 4 years this online furniture and homewares business supplies B2B and the public with a wide range of exquisite homewares and furnishings.

The business is based in Brisbane and has an annual sales revenue over $2,000,000 and growing rapidly. 90% of the business's sales are online with only 10% direct to customers from their Brisbane warehouse.

The business shows a strong year to date net to the owner from July 1st to 28th Feb of $366,249 and is on track to show a solid net for the full year of approximately $549,373.

The business is operated solely by the owner with the only additional staff being her young son who assists occasionally. Due to the businesses streamlined online operations there is no need for any additional staff. Although the store is based in Brisbane the business can also be relocated anywhere in Australia due to the online presence. To suit the current owner's lifestyle, the Brisbane warehouse is currently open school hours only, 9am to 2pm Monday to Friday.

The shopping platform, website, suppliers, manufacturers are all in place and this business is ready for next level of growth as it has not hit eBay, amazon or other shopping platforms.
Perfect for an acquisition by a current online industry player or someone wanting to get into the eCommerce industry.

Asking Price $2,100,000 plus stock approximately $200,000

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Last updated: 30th March 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Brisbane City
State
 Queensland
Price
$2,100,000
Category
  • Online Business with premisis

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Agency

Business Brokers Network

Business Brokers Network

Contact

Dru Morgan