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Newcastle's Leading Rug and Soft Furnishings Retailer... Established for almost 15 years!

$395,000

Newcastle, New South Wales

Newcastle's Leading Rug and Soft Furnishings Retailer... Established for almost 15 years!

2017/2018 Trading Income $493,305.
2017/2018 EBITDA (Normalised Profit) $249,122.78. Financials are available.
Brand new 3x3x3 year lease in place with excellent lease terms.
Successfully operating for over 14 years.
Long established by the original owner, the business has forged a fantastic reputation within NSW.
The longevity of the business has enabled a great relationship with suppliers and offers huge mark-ups!
Ideal for owner operator or can be run under management.
Further increase turnover by adding income streams and building online sales.
Established procedures are in place making this business easy to operate.
Prominent marketing campaigns already in place with multi stream exposure to consumers.
All equipment unencumbered.
A growing sector within a growing region. The business performance has been substantiated!

Ref# 1098
Jason Cursley

For more information request a Business Profile at:
www.universalbusinessbrokers.com.au/1098

PLEASE NOTE:

THE PURCHASER IS TO DO THERE OWN INVESTIGATION INTO TO THE BUSINESS AND NOT RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR ANYONE ON THEIR BEHALF.

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Last updated: 9th August 2018

Summary

Property Type
Business
Contract Type
For Sale
Location
 Newcastle
State
 New South Wales
Price
$395,000
Category
  • Homewares/Hardware
  • Retailer

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Contact

Jason Cursley

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