Established Furniture and Homewares Business – Melbourne, VIC

Business ID: XB164453 - PREMIER LOCATION – UNIQUE RETAIL EXPERIENCE - STRONG REPEAT BUSINESS

Located in the heart of Church Street, Richmond—Melbourne’s most sought-after destination for furniture and homewares—this distinctive retail business offers an exciting opportunity for growth and success. With a well-established brand and a loyal customer base already in place, a passionate and driven owner-operator can seamlessly build on its strong foundation. The potential to expand revenue and elevate market presence makes this a truly compelling investment.

BUSINESS HIGHLIGHTS

-Located in Melbourne’s leading furniture and homewares precinct with strong foot traffic and national brands nearby

-Curated collection of medium to high-quality Australian-made sofas, buffets, dining tables, coffee and side tables

-Extensive range of stylish, in-demand homewares, including vases, vessels, wall art, sculptures, lamps, and rugs

-Unique and inviting retail environment, designed to feel like a beautifully styled home

-Clientele consists of discerning end consumers who appreciate style, craftsmanship, and personalised service (approx. 40–65 years old, from across Melbourne and Australia)

-Corner premises (130 sqm) with natural light enhancing product presentation

-3 dedicated car spaces - a rare advantage in this premium retail location

-Long-standing supplier relationships - consistent stock availability

-Focus on Australian-made sofas and collaborations with well-known fabric houses

-Established approx. 15 years ago – Complete makeover by the current owners to optimize retail floor space and introduce a modern contemporary range

-Website and e-commerce store offering seamless online browsing and purchasing

-Social media presence with 1,892 Instagram followers and 1,900 Facebook followers

-High-impact retail window displays drive foot traffic and capture the attention of passersby

-Experienced Store Manager in place so business can operate efficiently with minimal owner involvement

-Current owners are happy to provide support and guidance for a 3-month transition period

Currently, the store generates an annual turnover of approx. $500,000 to $600,000 (break-even) as it has been run as a lifestyle operation, with significant value reinvested back into the business.  With a focus on growing online sales, digital marketing, and direct importing, there is strong potential to increase profitability under a new owner who can dedicate additional time or resources to driving growth.

Price: $150,000 (includes stock valued at approx. $60,000)

Property Code: 4565