This business is a leader in bedroom furniture, furnishings and design, with a strong brand and differentiated market positioning. The brand has been featured in print and TV, and caters to affluent demographics that support strong pricing and gross margins.
Sales of $3.27m in FY2023.
The product range is focused and supported by a lean manufacturing model that keeps working capital requirements (including stock holdings) low, increasing the return on investment for any acquirer of the business.
Approximately 42% of sales are generated from low-cost showrooms, 40% via Head Office and 18% online (est.).
Established for well over a decade
Strong gross and net operating profit margins
Focused product range
Low working capital requirements
Strong brand supported by established marketing program
Premium end of the market
High average sale / transaction value
The business is particularly well positioned for an existing retail company to bolt-on as an established brand and extend market penetration into bedroom furniture, catering to the lucrative mid to premium end of the market. The business may also appeal to private investors seeking exposure to this market or building a portfolio of like businesses.
Asking Price: By Expressions of Interest
Further information can be provided to suitable parties on completion of a confidentiality agreement and discussion.
*Images displayed are illustrative only and not images of the business itself or business equipment.
*Any search price / price displayed on this advertisement is a function of the advertising platform search functionality and does not represent or indicate a price for the business or this opportunity in any way. Offers are sought strictly by Expressions of Interest.
