Cabinet Making Factory

SUMMARY:
Founded 1988. Providing high end cabinetry to commercial, schools, universities and residential properties throughout WA. For three decades, this Cabinet Making and Fit-Out Business has established itself as a Perth leader in quality and innovation, servicing a premium clientele with bespoke solutions. With a dedicated team of skilled craftsman, this business is ready for a seamless transition, offering a solid platform for growth under new ownership.

Return on investment above 74% based on current FY2024 trading.
WORK ON BOOKS: Approx. $665,000.00 as at 25/03/25.

Revenue
$$1,752,680 pa

Operating Profit
$$352,214 pa

Plant and Equipment (Included)
$169,388

Stock (approx.)
$30,000

LOCATION DETAILS:
The business is strategically located close to major transport routes, Welshpool provides an excellent location for industry to do business.

ABOUT THE BUSINESS:
This business produces cabinetry for kitchens, bathrooms, laundries and other furniture type cabinetry or special orders.

The business has a loyal client base of local builders which they have serviced for many years.
The work ranges from a lot of schools/UWA and Curtin works, Architectural designed houses, commercial and local housing. The business also caters for the needs of the general public and the new owners can do whatever field of cabinetry they wish to pursue!

This business is well established and has a good reputation within the industry.

POTENTIAL:
This business would suit an owner operator and operates with 6 staff plus the owner. There is plenty of opportunities for a new owner to expand the business. The business has a mix of Retail and Commercial work where the business can expand.

SKILLS:
The right person should have some experience in the building industry preferably in Cabinet making or as a qualified builder.

LEASE:
The owners are prepared to approve a new 5 yr lease with further 5 yr options periods.

EMPLOYESS:
The business currently has 6 employees excluding the owner which consist of 1 foreman, 3 cabinet makers and 2 apprentices.

REASON FOR SALE:
The owner is retiring; however, the owner is willing to assist with the transition to the new owner and will personally introduce the successful purchaser to all his clients which consist of builders, architects and the public clients.

The period of the hand over can be discussed between the two parties as part of the sale agreement.

HISTORY:
Over the years the business has built relationships with both local and commercial builders, which the owner will be more than happy to introduce the successful buyer.

FEATURES OF THE BUSINESS:
1. Diverse mix of customers.
2. Extensive geographic territory.
3. Wide range of product options.
4. Consistent pipeline of new business.
5. Reliable, qualified and experienced staff.
6. Preferred supplier status with B2B relationships.
7. Renowned for exceptional craftsmanship and reliability.
8. Optimally set for project deadlines and customer engagement.
9. Consistent revenue growth with a strong basis for further expansion.
10. Access to high-quality materials, ensuring top tier finished products.
11. Potential exists for tapping into emerging markets and leveraging new technology.