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Homeware/Hardware Retail Business

Adelaide 

Sold on 8 Jul 2017
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Homeware/Hardware Retail Business in Adelaide

Business For Sale - Mattress and Bed Manufacturer

Unique opportunity to acquire this long established family owned business operating from leasehold premises incorporating a factory and showroom in South Australia. It also now has an internet presence selling direct online.
Originally established as an upholstery business 30 years ago, it has concentrated on manufacturing mattresses and bedding including electric beds and chairs for the past 15 years. Obviously by selling direct to the public it eliminates the middle man and produces greater profitability.
Most products are created in Australia and shipped across the Country. It is widely regarded as the No 1 supplier of adjustable electric beds throughout Australia.
There is always a high demand for quality bedding and bedroom furniture.
This business is currently run by a husband and wife team working minimal hours and turns over in excess of $1.85 million annually, with an adjusted net profit to an owner/operator for 2015 in excess of $130,000 per annum.
Further details are available from Ron Whitford on 0412 584 331.
A confidentiality agreement will be required.
RLA 153432

Categories:

Homeware/Hardware, Furniture/Timber, Import