Industry:
Services
Business Address:
Ultimo, NSW, 2007, Australia
Click on pics to enlarge.
AD
ID:
B110400007
Asking
Price:
AUD$149,000
Rent:
AUD$5,500/month
Detail
business type:
Office Furniture
Business
Ph:
02 9660 4198
After
hours ph:
Contact Details
Name:
Mr. John Serra
Advertising
Nature:
Private Seller
Company
Name:
Phone:
02 9660 4198
Mobile:
0414 587 994
Fax:
Email:
sales@serra.com.au
Website:
Suburb/State:
Ultimo / NSW
Postal Code:
2007
Country:
Australia
Comments:
Features
Serra Office Furniture Business For Sale
Serra Office Furniture
Inner City/ Chinatown location.
Continuous owner operator for 25 years in the same location.Located in the high density commercial and residential area of Ultimo near the Sydney CBD / Chinatown. 400sqm office and showroom. Convenient on-street location. The business has its own loading dock for pick-up of sales by customers. Current Gross T/O in excess of $300,000. Very stable profits over the long years of operation. New long-term lease negotiated, 3 years with option for 3 more. Low rent costs in very convenient position in City of Sydney Council zone. Working hours variable to suit owner - currently being run part-time by owner operator 4 days 9.30 to 4.30, with one part-time staff member. Potential to expand well established broad, long-term client base, and opportunity to expand into the growing home office market. Millions of dollars worth of furniture has been sold with Serra Office Furniture identification stickers attached and this leads to extensive repeat business. Huge potential to expand profit through internet advertising. Further business is projected from the huge expansion of housing and office density in Ultimo, Pyrmont and surrounding suburbs. Ample parking with a mix of loading zones and short-term parking. Very high levels of passing traffic offering excellent exposure. Extensive signage on building. Included in sale is a high roof Ford Transit delivery vehicle with extensive signage. Training offered to new owner in all aspects of operations such as sales, stock and MYOB. Seller finance of up to $20,000 available to approved purchaser. Owner has completed a part-time university degree while running the business and wishes to embark on a new career.
$149k plus stock (approx $30k)and plant/equipment $20k.
Owner's profit $100.000.00
Private sale, no contact by agents or marketers please.
