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HARDWARE: EXCLUSIVE ARCHITECTURAL FITTINGS.

$249,000

Sydney, New South Wales

HARDWARE: EXCLUSIVE ARCHITECTURAL FITTINGS.

HARDWARE: EXCLUSIVE ARCHITECTURAL FITTINGS.

THE BUSINESS:
The business is a trade supplier of exclusive architectural fittings for bathrooms, bedrooms, walls, and fine cabinetry, with exclusive distribution for many international and sought after designer brands, as well as luxury Australian brands.

SALES: $534,000
LOCATION: Very well located in Sydney's building designer area.
RENT: $33,000 (The lease is renewable in May 2021).
Net Profit: $195,000 (PEBITDA)

EMPLOYEES: Can be managed with a single owner-operator. (Most sales are remotely managed and the business could also be relocated).

POTENTIAL: The owner has established an excellent rapport with designers, architects and cabinet makers, and the business is well positioned to benefit from continuing stimulus in the building, development, and renovation industries.

There is much opportunity to grow and expand this business to a new level.

ALL THE WORK IS DONE:
o Beautiful contemporary showroom
o Cloud based management systems.
o Most orders and sales are received and managed remotely.
o Strong cash flow and low stock levels.
o Mailchimp set up for email campaigns.

BEST SUITED TO:
ø A person with an interest in designer products and the building industry.
ø Partners who wish to buy and grow their own niche business.
ø A business owner who is seeking to expand their distribution.

ABOUT: The business is a trade supplier of luxury architectural hardware for bathrooms, bedrooms, studies and cabinetry. The business has exclusive distribution agreements with international designer brands, and is also a distributor for leading Australian brands.
Most sales derive from specification by architects, designers, cabinet makers, and word of mouth.

WIDELY ADVERTISED:
Featured in designer magazines including Architectural Digest USA and Germany, Elle Decoration, Belle, Inside Out, House and garden, Home Beautiful, Interiors Addict, and others.

TYPICAL MARKET:
o Architects
o Cabinet makers.
o Luxury Home market.
o Commercial Projects
o Retail Fit-out projects.

Genuine buyers are invited to contact the broker without delay. This business will sell.


IMPORTANT DISCLAIMER: Potential purchasers should note that the information that is provided is either information provided by the Vendor or compiled from information provided by the Vendor. The Broker and representatives are not in a position to make any statement as to the authenticity or accuracy of the information provided or in relation to the content of any document. It is important that you obtain your own independent financial, accounting and legal advice regarding the information.

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Last updated: 20th January 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Sydney
State
 New South Wales
Price
$249,000
Category
  • Distributors
  • Garden/Household
  • Homewares/Hardware

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Contact

Barrie Burns