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SOLD! Furniture and Whitegoods Rental Business For Sale

SOLD! Furniture and Whitegoods Rental Business For Sale
Current rental income of $10,000 per month

Business Sale Price:

Business ID:
Location:
Type: B

SOLD

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SOLD! Furniture and Whitegoods Rental Business For Sale

Currently operated from a modern warehouse complex at Botany, the business services the Greater Sydney area.

The business hires out furnishings to customers under contract and derives regular income from the rental process. The business also derives income from the sale of inventory and delivery charges.

The range of product available for rent includes the following general categories:

  • Beds and bedroom furniture
  • Whitegoods including fridges, washing machines
  • Home Furnishings including lounge, living room and dining suites
  • TV & DVD
  • Furniture rental Package Deals
  • Goods for sale (ex-rental stock)

The main clients of the business include families, workers and students relocating to Sydney, corporate clients needing to furnish their apartments or homes and real-estate agents who require the business’s services to dress up their properties for sale and auction, “backpacker/tourists” clients requiring short term rental of furniture and household goods.

Business Highlights

  • Revenue $260K in 2012 ($142K for 9 months year to date)
  • Established since 1983
  • Currently operates with 6 casual staff and the owner
  • Operates 5 ½ days per week
  • 110 active clients generating rental of $10,000 per month at the present time
  • Average rental is $90pm
  • Most of the business comes from internet marketing
  • Contracts range from 6-12 months and month to month rentals

This opportunity would suit someone wanting to bolt this business onto an existing operation to save on overheads and increase their market share.

Asking $100,000 including equipment, fixtures and fittings, rental stock and goodwill.

To find out more about this impressive business contact us today.

Details

Subheading : Current rental income of $10,000 per month
Business ID : BS2300
Status : Sold

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    REIV Awards Winner - Business Broker of the Year

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