Reputable Boutique Furniture Store with Luxury Apartment Upstairs $395k (16953)
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(no street name provided), St Kilda VIC 3182

$395,000

BusinessSize: n/a
Currently on offer is a thriving furniture importer and retailer business that sells unique, rustic décor and authentic antiques imported from China, India and Europe. It diversifies its revenue stream by operating a café within the premises and offering its dwelling space for Airbnb bookings.

A lifestyle business suited to an operator with a creative flair and a passion for worldly furniture.
Established for over 30 years, accruing repeat customers in both commercial and domestic sales.

*$24,000 average weekly takings
*Exclusive supplier agreements
*Owner will stay on 6 months to ensure smooth transition
*$100,000 worth of plant and equipment
*380 sqm premises
*3+3 year lease
*7-day operations

Nouha Mohtadi and the team at LINK Melbourne are excited to bring to the market this multi-faceted business trading as an interior design and furniture retailing operation. It diversifies its revenue stream with a café within its premises. The business also leases the dwelling within the premises as Airbnb property for an average annual revenue of $50,000.

The business focuses on importing unique furniture, rustic décor and authentic antiques handpicked from suppliers throughout the world. It brings its aesthetic vision to life by offering interior design services to its customers. The acquisition opportunity includes 17,600 followers and a database of 40,000 customers.

Strategically located on the corner of major thoroughfares, the business is exposed to approximately 33,000 vehicles per day. The premises of the business has been extensively improved with the vendor spending a total of $130,000 on improvements.

To learn more about this exciting opportunity, contact me today! I would be glad to share more details with qualified purchasers.

Listing ID: 16953
Broker: Nouha Mohtadi
Phone: 0411 755 568
Email: nouha.mohtadi@linkbusiness.com.au

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Key details

Property type:
Business

Other Details

LINK VIC TAS GROUP

Property history

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St Kilda suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
37 years
Population
19,490
Listing ID: 182255758. This listing has been viewed 0 times. It was first displayed on 30/01/2024 and last updated on 03/06/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.