Here is a rare opportunity to acquire a highly reputable and long-established furniture business in Perth. With over 50 years of successful operation, this iconic business has built a solid reputation as a leader in furniture manufacturing for commercial fit-outs. It caters to the high-end market, providing superior fit-outs for large companies, and has a strong base of premium clients.
The business has a ‘normalised’ net profit in excess of half a million dollars and a book full of orders to ensure ongoing income. This brilliant opportunity has come on the market because the owner plans to retire. Acquiring this business offers the perfect opportunity to take advantage of Perth’s burgeoning building market.
As this business is a strong going concern with long-term employees, it will appeal to newcomers and established manufacturers. The business is being sold as a share sale rather than an asset sale, occupying around 2,000m2 of factory/warehouse/office space on land of around 4,000m2. The seller owns the freehold properties, and leases will be structured with the successful buyer, with reasonable terms and conditions.
Features of the Business:
This is not just a business, it’s a legacy. With a stellar reputation, a roster of quality clients, and a substantial net profit, this business is ripe for expansion under new, forward-thinking ownership. If you’re ready to take this local icon to new heights, call us today!
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