Are you someone who enjoys interior design and has a keen interest in travelling overseas to international design trade shows to discover the latest trends in furniture and fit-out for hotels, restaurants and commercial spaces? This long established commercial furniture importer and manufacturer has is an award winning company who’s customers include some of Australia’s top hospitality venues and institutions.
Established for over 14 years, they import a range of high quality commercial furniture as well as manufacture a range of their own items locally. Based in Sydney, the company has a solid track record of success with highly profitable and sound financials and is primed to take advantage of growth within all the sectors it supplies to. Their primary customer base is the broad hospitality sector which includes end users and designers, as well as supplying some government and institutional sectors. The systems in place are of the highest quality and sales and forward orders since June 2015 have been fantastic which proves that this business is ready to explode.
Established and extremely well respected in the industry, they are one of Australia’s most trusted commercial furniture brands renowned for their customer service and high quality product range. Over the many years, the company has steadily grown its client base, market share and product range and the diverse customer segment base has provided a solid foundation for the business as they are not reliant on any one particular sector or customer. A long working history with all the main suppliers and fantastic relationships endure. The company has established very tight trading terms with all customers ensuring payment in full prior to delivery, thereby allowing for excellent cash flow and low working capital.
This is a solid, profitable business with sound financials and tax returns available to support the figures with experienced and well trained staff. The premises are situated in the Western Suburbs allowing easy access to all the major routes and allowing for spacious, well designed warehousing and very well presented showroom and offices. Excellent staff team in place and vendor will provide appropriate handover assistance.
- Current Status: Sold
- Code: RN 346
- Category: Non Food
- Type: SOLD
- Location: Western Suburbs
- Sales: $4,580,000
- Period: Annual
- Net Profit: $731,000
- Rent: $143,200
- Stock: $650,000
- Price: $1,750,000
- Long Financials: Historical financial statements and tax returns are available
- Staff: 11
- Lease: Original lease 5 x 3. The option period is now in place.