ITALIAN FURNITURE IMPORTER AND RETAILER – A LEGACY OF ELEGANCE IN SYDNEY. FIRST TIME OFFERED FOR SALE

BUSINESS DETAILS:

HISTORY

• A proud family-owned business with a 25-year history, serving discerning clientele and interior design enthusiasts.
• This business stands as a testament to timeless style and enduring quality.
• Operating hours Mon – Sat 10:00-4:00
• 2 Permanent staff plus owners.

LEASED PREMISES

• 5 years current until November 2024 (renewable with 2 plus Options)

PRODUCTS

• Carefully selected prestige Italian, UK and European furniture brands offering Australian clients the very best in the market today.
• Bespoke and custom designs are offered on a wide range of furniture pieces.
• One of Sydney's exclusive importers of high-end Italian furniture, offering a curated selection of pieces that blend artistry with functionality.

LOCATION

• Ideally situated in the heart of one of Sydney’s upmarket suburbs, this 500 m2 showroom is a destination for those who seek the finest in-home furnishings.

STRONG REPUTATION:

• With a loyal customer base and a reputation for excellence, this retailer is synonymous with sophistication and superior service.

OPPORTUNITY

• Seize the opportunity to own a slice of Sydney's luxury retail market.
• This is more than just a business; it's a legacy waiting for its next curator.

REASON FOR SALE:

• Retirement, the owner will assist buyer to a smooth transition.

FINANCIALS:

• Turnover $1.1 million PA
• P&E $35,000
• SAV $400-500,000

ASKING PRICE: $295,000 + SAV