Brisbane City, Queensland 4000
National Online Furniture Retailer - Brisbane - 2021 EBITDA $549,373
For Sale | $1,850,000
The owner started this business 4 years ago and cannot keep up with demand with exclusive rights to manufacturers overseas. Annual sales revenue of over $2,000,000 and growing rapidly. 90% of the businesses sales are online with only 10% direct to customers from their Brisbane warehouse. The wholesale portal has just been created and wholesalers are jumping on board already. Showing over $600,000 profit for the 2021 financial year with one working owner, working school hours only. Due to the businesses streamlined online operations there is no need for any additional staff. Although the store is based in Brisbane the business can also be relocated anywhere in Australia due to the online presence. All sales are currently done via facebook and this business has not hit the shopping platforms as yet. Huge scope for growth as no marketing investment has been done to date including SEO. The website, suppliers, manufactures are all in place and this business is ready for next level growth. Perfect for an acquisition by a current online industry player or someone wanting to get into the industry.
Asking Price $1,850,000 plus stock approximately $200,000
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