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DealProspect/Listings/Retail

Furniture & Electrical Retailer – Weipa, QLD

General Retail

ActiveRetailQueenslandB2B & B2C
Asking price
~$850,000
est. from headline + $200,000 stock · AUD
Revenue
$2,441,059
TTM
Earnings (est.)
~$371,285
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.3×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
  • Dominant furniture and electrical retailer in Weipa, Cape York, with no serious local competition
  • Longstanding relationships with institutional clients across mining, health, government and community sectors
  • Backed by major retail buying groups (Furniture Court, Beds R Us, Bi-Rite) and leading furniture, appliance and homeware brands
  • Services remote towns throughout Cape York
  • Full training and relocation assistance provided by the current owner
  • Commercial property freehold available for separate purchase alongside the business