Businesses for Sale

Buy your next business via bsale
My Account: Sign In

Furniture Direct Warehouse

Business for Sale
Furniture Direct Warehouse
Canberra ACT

Furniture Direct is a non-franchise furniture retailer based in Fyshwick ACT. The business has been operating since 2002 and has created a reputation as a strong, value-driven furniture retailer focus

Price $149,950

Furniture Direct Warehouse

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
The incoming owner will get instant cash flow, substantial profits and an extensive database of customers! The business is poised for growth with a world class website ready for promotion!

There is a large pool of staff who are trained and willing to help you run the business. The large premises in the heart of Canberra's most popular retail precinct - Fyshwick - could accommodate more lines and product expansion.

For the size of the business and location of the premises, the rent is reasonable at approx. $15k plus GST per month. This averages to less than 10% of turnover for the 2015 financial year.

With over $500k of equipment, including truck, forklifts, IT systems and fit out the business will sell well below replacement cost!  Why? Because after 14 years in this highly successful furniture shop its time for the owner to say goodbye, while you say good-buy. By anyone’s standards, 14 years of ownership is a long time in any business. The longevity of the ownership reflects the value of the business opportunity.

In 2016 it's getting harder and harder to generate strong investment yields, dividends and profits. That's why a business like this is such a sound investment with its proven track record of success for the current owner of 14 years plus.

An owners profit report has been prepared by Tribe Accountants and full financial and tax returns for 2015,2014 and 2013 and available upon request.

With sales in 2015 exceeding $1,97 million and net profit above $70k and owners profit for a five day week $250k plus including $140k salaries.  If you know a great investment when you see one - enquire about Furniture Direct Warehouse with its high profits and sales.

For further information, please contact exclusive business sale advisor Frank Walmsley by emailing your full name and contact number. once the confidentiality agreement is completed we will send you, your Business Information Package.

Seller is prepared to seller finance approx. 50% of the SAV over 12 months for approved buyers.

Contact Seller

View Broker Profile

Contact: Frank Walmsley
Phone: 1300 793 690
Mobile: 0400 446 605
Bsale ID: 106209

Similar businesses for sale that may interest you:

Shabby Attic - Thriving Gift, Homewares, & Coffee Destin...

KAMBAH, Canberra, ACT Business for Sale $90,000 + SAV

Shabby Attic is a unique and 'one of a kind' destination business that has been trading for over 8 years with the one owner. It has developed into an iconic local business and offers a wonderful sele

Retail - Furniture, Bedding, Homewares, Giftware Bsale ID 104578

Market Leader Carpet and Flooring Centre - Very Profitab...

CANBERRA CITY, Canberra, ACT Business for Sale $900,000

Profits $650k+ Sale price $900,000 + SAV The market leader in the region, this business attracts the loyal business of many builders and flooring installers, making for a large percentage of business

Retail - Furniture, Bedding, Homewares, Giftware Bsale ID 69541

Join a team of design innovators - Tiles, Lighting, Bath...

CANBERRA CITY, Canberra, ACT Franchise for Sale $450,000 + SAV ($250,000)

Cirillo Lighting and Ceramics Est. 1978, has become one of the biggest and most reputable tile and lighting retailers in the ACT. They are seeking the right person to grant the Canberra franchise...

Retail - Furniture, Bedding, Homewares, Giftware Bsale ID 103446

Sign Up

Send this post to a friend