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DealProspect/Listings/Retail

Furniture & Electrical Retailer in Weipa

General Retail

ActiveRetailQueenslandB2C & B2G
Asking price
$650,000
Disclosed · AUD
Revenue
Earnings (est.)
~$278,575
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.3×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Well-established retail enterprise with dominant local market share
  • Serves a large regional area with exclusive reach, including remote Cape York towns
  • Longstanding relationships with major mining, health, government and community clients
  • Supported by retail buying groups Furniture Court, Beds R Us and Bi-Rite
  • Range across furniture, appliances and homewares
  • No serious local competition nearby
  • Owner will provide full training and relocation assistance
  • Freehold commercial property available to purchase separately