SOLD

Under Offer! Established Furniture Business with Blue Chip Clients - Melbourne

Melbourne VIC
Under Offer! Established Furniture Business with Blue Chip Clients  - Melbourne

Last asking price $389,000

Sold April 2024

Business ID: BS145149

This is an opportunity to acquire the trading name, database, pipeline, goodwill and assets of a long-established hospitality furniture supply business with blue chip clients across Australia.

Majority of businesses acquired new clients by investment in sales and marketing activities, and it can take a long lead time before new sales are secured from these prospects.

Buying a business with an established clients and pipeline can deliver a much faster profitable outcome. The asking price for this business can easily be justified by the revenue potential from taking over a portfolio of client relationship with a history of orders from this business.

More about the opportunity:

   -  Specialises in the supply of hospitality furniture for over 20 years

   -  Broad portfolio of customers including interior designers, corporates, individuals, hotels, venues, wineries, sports club etc

   -  Existing relationship with architects and interior designers

   -  Extensive database of customers including high profile customers with regular orders

   -  Recent sales of $2 to $3 million per year with profit of over $300,000 to the working owner

   -  Substantial pipeline at different stages of discussion for the next 12 months

   -  The owner is ready to move on and will hand over the business

Buying this business and bolt onto what you already have will provide you a great start to 2024 !

Act now before it is too late.

Expression of interest above $150,000

Property Code: 3300
        

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