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ITALIAN FURNITURE IMPORTER AND RETAILER – A LEGACY OF ELEGANCE IN SYDNEY. FIRST TIME OFFERED FOR SALE

$295,000.00 Homewares / Business For Sale
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BUSINESS DETAILS:

HISTORY

  • A proud family-owned business with a 25-year history, serving discerning clientele and interior design enthusiasts.
  • This business stands as a testament to timeless style and enduring quality.
  • Operating hours Mon – Sat 10:00-4:00
  • 2 Permanent staff plus owners.

LEASED PREMISES

  • 5 years current until November 2024 (renewable with 2 plus Options)

PRODUCTS

  • Carefully selected prestige Italian, UK and European furniture brands offering Australian clients the very best in the market today.
  • Bespoke and custom designs are offered on a wide range of furniture pieces.
  • One of Sydney's exclusive importers of high-end Italian furniture, offering a curated selection of pieces that blend artistry with functionality.

LOCATION

  • Ideally situated in the heart of one of Sydney’s upmarket suburbs, this 500 m2 showroom is a destination for those who seek the finest in-home furnishings.

STRONG REPUTATION:

  • With a loyal customer base and a reputation for excellence, this retailer is synonymous with sophistication and superior service.

OPPORTUNITY

  • Seize the opportunity to own a slice of Sydney's luxury retail market.
  • This is more than just a business; it's a legacy waiting for its next curator.

REASON FOR SALE:

  • Retirement, the owner will assist buyer to a smooth transition.

FINANCIALS:

  • Turnover $1.1 million PA
  • P&E $35,000
  • SAV $400-500,000

ASKING PRICE: $295,000 + SAV


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Listing Details

Asking Price
$295,000.00
Price Comments
+Stock at Valuation (SAV)
Status
Business For Sale
Business Type
Homewares
Business Established
1998
Sales
1100000
Est. Stock
$450000
Training
Owner will assist to a smooth transition