New & Used Furniture & White Goods Store

$490,000 + SAV ($300,000 approx.)

Web ID: R0171

Business Description

At a Glance

  • Trades 6 days per week
  • Prominent main road location
  • Well known SA business
  • Retailer of new & used furniture & white goods
  • Loyal customer following

This business has been operating for over 24 years and has won the heart of Adelaide. With their reliable services and products, this business has strong brand recognition and a loyal customer base.

Specialising in selling household white goods and furniture (both new and second-hand) which gives them a significant advantage over any other retailer in Adelaide. They supply new products as well as working with other local retail suppliers. They also purchase second-hand goods that are then refurbished, repaired, and serviced in-house at their offsite warehouse. The goods are then moved to the main shopfront to be sold to happy customers.

They are experts in allowing their customers to fully furnish a house at affordable prices quickly and easily working with a combination of new and refurbished products. This allows them to stay very competitive, allowing them to offer a range of products with different price points and enabling the business to maintain solid margins and a good profit.

Melanie Winter 0408 085 932


Extended Price Information

Goodwill $460,000
Plant & Equipment (approx written down value) $30,000
Stock at valuation (approx) $300,000
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$790,000


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Staff Summary

There are 14 employees incl. Sales & Office Managers, Technicians, Store persons & Salespersons.

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