Property Design and Furniture Rental Business in Australia

Melbourne, Australia
Asking Price: $4,039,764 ($6,000,000 AUD)
Automatic translations use Google Translate and may not be completely accurate.
Business For Sale Details
Listed on May 15, 2024

High-end Real Estate Agency Business for Sale in Melbourne, Australia
This leading real estate agency in Melbourne, Australia was established in 2012 and is now available for purchase. With a proven track record of success, the company has built an impressive portfolio of luxury residential layouts across the city.
Key features of the business include:
* 12 years in operation with a strong reputation in the high-end real estate market. Many contacts in the luxury real estate market.
* A large selection of original furniture and furnishings from top Italian and European brands with a total asset value of $3.5 million.
* Extensive online presence with a comprehensive website showcasing the company's portfolio
* Annual revenue of $2.7 million with a net profit of $1 million
* Delivery vehicle included in the sale.
This turnkey business offers an excellent opportunity for an investor or mid-term company to acquire a dominant player in Melbourne's luxury real estate market. The company's experienced team, valuable inventory of assets and strong financial performance make it an attractive acquisition. The owner will provide training and assist with a smooth handover, which can be completed in a time that suits the new owner.
Priced at $6 million, this real estate turnaround business is well positioned for continued growth and success under new ownership.
High net worth individuals seeking Golden Visa investments should consider this business.
Contact us today to learn more about this unique offering.

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Financials (USD)

Asking Price $4,039,764

Cash Flow $2,019,882

Sales $2,019,882

Converted From AUD

Exchange Rate $0.67

Deal Terms

Represented by broker? No

Buyer Fee? No

Seller Financing? No

Willing to co-broke? No

Principals only? Yes

Franchise? No

Management will stay? Yes

Relocatable? No

Real Estate? No

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.

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