Import, Wholesale and Retail Business – Furniture Industry
This is an excellent opportunity to acquire a well-established import, wholesale, and retail business specialising in the furniture industry. This business has a long trading history and has earned a reputation for its commitment to quality and reliability.
Here are some key advantages associated with this business:
1. **Diverse Revenue Streams**: This business operates in two distinct divisions, catering to both the retail and wholesale sectors, providing diversified income sources.
2. **Loyal Customer Base**: Benefit from a well-established and loyal customer base that generates repeat business.
3. **Supplier Network**: Maintains strong and established relationships with overseas suppliers, ensuring a reliable supply chain.
4. **Expansion Potential**: Explore exciting possibilities for expansion and growth within the business, capitalising on its foundation and market reputation.
5. **Well-Known Brand**: With a history spanning many years, this business has been around for a long time and provides a solid platform for future success.
This business offers considerable scale and presents a unique opportunity for individuals to build upon its foundation. It can serve as a valuable bolt-on for aligned businesses looking to enter the furniture industry or expand their product and service offerings. Additionally, it’s an attractive prospect for individuals seeking a stand-alone venture in this industry, with possibilities for further growth and expansion.
Asking Price:
Goodwill – $1,300,000
Stock – $550,000
Vehicle, Plant and Equipment – $70,000
Total – $1,920,000