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Iconic Profitable Lounge Retailer For Sale- Western Syd FS

SOLD

Nepean , New South Wales

Iconic Profitable Lounge Retailer For Sale- Western Syd FS

Under management Profits $144k+ Sale Price $249,000
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.

Features & Benefits:
• Well known highly regarded brand
• Easy business to manage. It can easily be operated under management.
• Profitable well established business. Over 50% ROI
• Loads of further potential to improve
• Prominent high profile location
• Competitive pricing Excellent well maintained showroom
• Convenient easy to park location
• Excellent Customer Satisfaction reviews on google
• Structured customer service approach. Full training provided.
• Fantastic easy to follow website
• Excellent manager who's happy to remain
• Very reasonable asking price
• Easy to Franchise business concept
• Australian & overseas suppliers
• Flexible lease terms. Ability to exit and relocate with 3 months notice.

Vendor is happy to provide full training.
Finance assistance is available

There are very few business that will give you a full return on your investment in less than 2 years. Nor are there many that will provide more than 40% ROI 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 and capitalise.

Business Links / Tools

Last updated: 22nd August 2017

Summary

Property Type
Business
Contract Type
Sold
Location
 Nepean
State
 New South Wales
Price
SOLD
Category
  • Furniture/Timber
  • Homeware/Hardware
  • Homewares/Hardware

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Agency

Business Brokers Network

Contact

Frank Sassin

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