Kitchen And Manufacturing Business - Sydney

Business ID: BS152846

FY2023 T/O $2.14M with profits to working owner $456,229

The business was established 23 years ago and has built an outstanding reputation to provide bespoke fit outs of cabinet joinery for every room of a home either individually or as a whole house fit out. These include kitchens, bathrooms, dressing rooms, vanities, wine cellars and any bespoke requirement an owner/designer/ home builder may request.

The company offers a niche service at attractive margins and due to the high standard of workmanship, proven over time, there is a sustained level of repeat business from builders of executive homes. In addition, many projects come from referrals, where a homeowner has visited and seen the quality of fit out provided. The sales record over the past three years have shown the constant growth of the business;
FY2021 $1,754,004
FY2022 $1,904,095
FY2023 $2,140,000

Business Highlights

- Established 23years.

- Niche Market.

- High Margins.

- History of Profits.

- Great Reputation.

- Good Growth Potential.

- 21% Owner Earnings for the last 2 years.

- Good Referrals.

- Employs 11 people including the owner.

Depending on the experience of the buyer the owner is willing to train and assist with the smooth handover of the business.

This business would make a good "bolt on" for any residential building company to expand its operation into interior fitouts at higher profit margins and repeat business or good platform for owner operator wishing to enter into this industry.

Asking Price: $920,000 plus Stock.

Property Code: 3334