Online Retailer - $3.2m Revenue - Number 1 in their category of homewares. 4 staff. $1.65m+ profit
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One of the best businesses we have seen.
Best investment features:
- Big cashflow - $3.2m annual revenue (approx)
- Strong Profits - $1.65m annual adjusted profit (approx)
- Easy inventory management - Big-box homewares product (Ave order $1,500+)
- Low staff numbers - 4 staff run the operation
- Secure demand for the product - business established 14+ years
Other aspects of note:
- Each product comes in a box that is imported from overseas. The same box is then shipped to the customer. Easy operation
- Also includes a showroom/warehouse in Victoria where all products are on display
- Brilliant website, hence such strong amount of online orders
- Exclusive product-range, meaning almost no direct competition for the same items
- Exceptional gross profit margins
- Price includes all display stock in the showroom
A beautiful business. We've seen a lot of businesses in our 20 years in the industry as business brokers, and this is one of the best. Simple operation, great cashflow, room to grow and expand, and very profitable. It will be sold fast and it's an idea fit for an investment, or for a home or commercial furnishings-related business looking to expand their portfolio.
Watch this video for more information: https://youtu.be/-upSNywXCm4
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Finn Mergers & Acquisitions