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Hire business for sale in Brisbane City

  • Hire
  • Brisbane City QLD 4000
  • Expressions of interest

Furniture and Appliance Rental Business in Brisbane

LIQUIDATION SALE

This is an extraordinary opportunity to purchase a fully managed business with a long history of profitable trading at well below its normal value.

Having been adversely affected by the current Covid19 restrictions this business is being sold on an Expressions of Interest basis of the liquidation value of its tangible assets.

A furniture and appliance rental company servicing the international student and corporate markets with furniture and appliance packages for complete home set up.

This business provides an ideal platform to expand into the other high profit, related markets of Rent to Buy, Property Styling, Relocation packages, and Project builder rentals.

Look at these highlights:

- A history of being a fully managed profitable business

- An average sales turnover from 2017 to 2020 of over $609,000

- An average adjusted net profit of over $194,000 per annum over the last four years.

- A four-year history of an average adjusted net profit in excess of 30%

- Extensive plant and equipment including truck, delivery van, forklift, high lift platform, warehouse shelving. Everything needed for business operations.

- A warehouse stocked full of inventory of furniture, whitewoods, small appliances, and complete kitchen, bedroom, and laundry packages.

- Established in 1997 this business has a history of success built upon its unique selling proposition of providing complete home set up at affordable prices over the short term.

The owner is now retired and seeks Expressions of Interest on the basis of the liquidation value of its tangible assets. All reasonable offers will be considered.

Act Now!!

For further information regarding this opportunity please contact the undersigned:

Keith Brewster
Specialist Business Broker
Benchmark Business Sales and Valuations
M: 0410 456 544 T: 1300 366 521 E: keith@benchmarkbusiness.com.au

If you would like to know more about the business complete our online confidentiality agreement here: https://benchmarkbusiness.com.au/ca-form-3600

Or go to our website www.benchmarkbusinsess.com.au and use the reference #3600 to search for the business

Please ensure you have the necessary capital or equity before expressing an interest in this business.

Benchmark Business Sales and Valuations

The business images shown are for illustration purposes only and may not be an exact representation of the business.

Business Category: Services, Hire, Rent, Homeware and Furniture, Homeware, Appliance

Property Code: 3600

Business Highlights

Business ID2016412068
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Last updated  31 Jul 2020
Map for Brisbane City QLD 4000
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Benchmark Business Sales & Valuations
104/20 Bermuda Place, Lake Orr Drive Varsity Lakes QLD 4227
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