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For Sale

ARCHITECTURAL HARDWARE DISTRIBUTION: (CONTRACTS EXCHANGED)

Sydney, New South Wales

Summary


  • For Sale
    Status
  • Sydney
    Location
  • New South Wales
    State
  • $235,000 + SAV
    Price
  • Distributors Furniture/Timber Online Business with premisis Wholesalers

Features


Description


THE BUSINESS OPPORTUNITY:
Distributor / Supplier of exclusive luxury architectural fittings for bathrooms, bedrooms, walls, and fine cabinetry.
The business has exclusive distribution for many highly sought after international designer brands.

POTENTIAL: The owner has established excellent rapport with designers, architects and cabinet makers and the business is well positioned to benefit from continuing stimulus in the building, development, and renovation industries.
There is a huge opportunity to grow and expand this business.
Sales for February and March showing a significant resurgence of customer orders.

ALL THE WORK IS DONE:
o Beautiful contemporary showroom
o Cloud based management systems.
o Most orders and sales are received and managed remotely.
o Strong Cash Flow and low stock levels.
o Mailchimp set up for email campaigns.
o Strong relationships with specifiers in Melbourne and Sydney.
o Trade Shows about to re-open this year.

TYPICAL MARKET:
o Architects
o Cabinet makers.
o Luxury Home market.
o Commercial Projects
o Retail Fit-out projects.

WIDELY ADVERTISED:
Featured in designer magazines including Architectural Digest USA and Germany, Elle Decoration, Belle, Inside Out, House and Garden, Home Beautiful, Interiors Addict, and others.

EMPLOYEES:
The business is currently managed by an owner-manager. This would be an ideal business for a design conscious person or partners to take this fresh but established business to a whole new level.

SHOWROOM:
An elegant and modern display showroom is well located in the design area of Sydney.
The business can be relocated if desired, or you can take up an option to renew the lease.
Most orders derive from phone and email contact.

Sales 2020: $534,000
PEBITDA (Proprietors Earnings): $195,000

REASON FOR SALE:
The owner has another business.
The vendor has expressed a strong desire to work with the new owner to provide training, familiarisation with the way the business works, and introduction and endorsement with suppliers, key clients and specifiers.


IMPORTANT DISCLAIMER: Potential buyers please note that the information that is provided in good faith is either information provided by the Vendor or compiled from information provided by the Vendor.

The Broker and representatives are not in a position to make any statement as to the authenticity or accuracy of the information provided or in relation to the content of any document. It is important that you obtain your own independent financial, accounting and legal advice regarding the information.