Listing status: Inactive
Reason: --
Established Designer Furnishings Business Ref3419
Established Designer Furnishings Business Ref3419
Industry :
--About the business
* Ideal for interior design / decorating enthusiasts
* Strong branding
* Expansive online presence
* Prime Near-City location
* Some exclusive product lines
* Streamlined operations
* Travel opportunities
Established Designer Furnishings importer and retailer with strong branding and online presence, operating in a premium location with growth potential.
Sales $1.4Mil - Nett to owners $250k approx.
Located in a highly desirable and prominent near city location, this boutique shop offers carefully selected and unique product lines with a focus on style and design.
With some exclusivity on top quality Australian brands and direct European imports, it has become a well-known destination for those seeking luxury designer furniture.
With a significant investment in marketing and branding, the business has an expansive and strong online presence across multiple channels, including social media, direct email campaigns, and online advertising.
The sophisticated website and online store allow the business to cater to customers all over Australia, making it a lucrative opportunity for a motivated buyer.
Currently, the owners operate on a part-time basis, leaving significant potential for growth and expansion with a motivated and fully engaged owner.
The business is easily managed with three casual employees across seven days of trade, with excellent systems, support staff, and operating procedures in place.
The in-store staff are highly capable and experienced in interior design, allowing them to work in a consultative role with customers to sell multiple items in a package.
The owners have established solid relationships with local (& overseas suppliers), ensuring excellent terms and a reliable streamlined supply chain, thereby guaranteeing a steady flow of inventory, and maintaining quality standards.
As an added bonus, new owners will have the opportunity to travel overseas to international fairs, with the current owners being away for 3 months last year.
This will allow the new owners to stay on top of the latest trends and ensure the business is well positioned with its product ranges.
Don't miss out on this unique opportunity to own a well-established business that will allow an owner to indulge their passion and bring some creative flair to the business.
The owners are looking to relocate to pursue other business opportunities, and full handover assistance is offered to ensure a smooth transition with all aspects of the operation.
SELL PRICE $550k + SAV $190k approx.
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Many BBNA Brokers are specialised in vertical markets, eg Medical, manufacturing, Accommodation, Legal, Hospitality etc. Many have spent years running or managing their own Businesses so have first hand knowledge on what makes businesses successful and unsuccessful.
To talk about a business, you have to understand the business, know where the money is made, understand the processes, sytems and be able to understand the risk factors.
Understanding a business from the Owners point of view and being able to relate information about the business to the Buyer from his point of view, being factual and not embellishing the actual results is what we seek to achieve.
To have Certified Practicing Business Brokers that are also Registered Business Valuers, you have the opportunity to get excellent advice on how to increase the value of your business as a Seller or as a Buyer. This advice is also impatial, we see the mistakes that are made on a regular basis. You are free to use our advice or temper it with advice from your other advisors. Generally our advice is free in general areas or you can engage a Business Broker short term to use us as a sounding board to work with you on more specific requirements.
If you are a Buyer and are looking for a specific business and you have not found it on our website or others, we may be able to find the business that best suits you. Often we know of business that are not on the market, but we know that the Owner would sell if there is a qualified Buyer looking.
email : admin@businessbrokersnetwork.com.au or Call 1300 33 18 14
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$550,000
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!- Can you afford the business? Do you need financing to assist with the purchase?
- Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
- Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
- Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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