Humble Home, a family-run business founded in 2011, is a distinguished retailer specializing in Furniture and Homewares that captures the essence of casual elegance in picturesque Coffs Harbour. 
Whether you're drawn to classic coastal styling, industrial warehouse living, Hampton’s chic, or relaxed farmhouse style, Humble Home offers a curated collection of stylish items for every room in your house, transforming it from just a house into the home you’ve always dreamed of.

The owner is selling due to health reasons, which has partly contributed to a recent decline in revenue. Despite this, Humble Home has a strong history of impressive sales, with annual figures well north of $1,000,000. In FY2024, the business achieved sales of approximately $650,000.

Financial Details:
* Historical Sales: Over $1,000,000 annually
* FY2024 Sales: Circa $650,000
* Stock at Value: Approximately $235,000
* Weighted Future Maintainable Earnings: Circa $138,000

Growth Opportunities:
While in-store sales dominate the revenue mix, there is a significant opportunity to expand the online presence. Currently, online sales constitute only 10% of total revenue, presenting a substantial growth avenue for a new owner.

Social Media Presence:
Humble Home has a strong social media following, with 20.6k followers on Instagram and 8.7k followers on Facebook, providing an excellent platform for marketing and customer engagement.

Supplier Relationships:
Humble Home boasts excellent relationships with numerous suppliers based in Melbourne, Perth, Brisbane, and Sydney. These suppliers are not only aware of the sale but are also supportive due to the owners health circumstances.
Regular interactions throughout the year have cemented these strong partnerships, ensuring a smooth transition for the new owner.

Living in Coffs Harbour:
Living in Coffs Harbour means being part of a population of 78,000, enjoying all the advantages of city living within a beautiful coastal or rural village setting.
Coffs Harbour is an excellent place to raise a family, offering world-class education and medical facilities, plus excellent air, road, and rail links. The city boasts a wonderful climate and outdoor lifestyle, perfect for those seeking a
sea change. 
The median house price in Coffs Harbour is $760,000, making it an attractive investment opportunity.
The City of Coffs Harbour is actively involved with the community, creating an engaged, thriving, and vibrant atmosphere. New residents are welcomed into a supportive and dynamic community.

Why Invest in Humble Home?
* Location: Situated in the idyllic Coffs Harbour, offering a perfect blend of lifestyle and business opportunity.
* Reputation: A well-established brand known for quality and elegance in home decor.
* Growth Potential: Significant upside potential through expanding the online sales channel.
* Supportive Suppliers: Strong, supportive supplier network ensuring continued success.
* Engaged Audience: A large and engaged social media following for enhanced marketing reach.
* Community: Become part of a thriving, vibrant community in one of Australia's most beautiful coastal regions.

Don't miss this unique opportunity to acquire a business that not only offers financial rewards but also the chance to live and work in one of Australia’s most desirable locations.

Price: $299,000 plus SAV

For more details on this outstanding business opportunity, contact Tom Jolly on 0403 720 965 or email tom.jolly@thefinngroup.com.au