Sold! Kitchen And Custom Joinery Business - Sydney Northern Beaches

Business Sold BS149875 BS149875, North Sydney, New South Wales 2060

Business Category Building and Construction Engineering Manufacturer Furniture Manufacturer

SOLD

Description

Sold! Kitchen And Custom Joinery Business - Sydney Northern Beaches

Business ID: BS149875

Quality kitchen and custom joinery business, Sydney’s Northern Beaches. Avg profits to Owners $450K pa. Very well presented solid business established 35 years. Providing cabinetry throughout the home. Avg yearly revenue approx $1.4mil last 3 years.

The business has ideal premises with a favourable lease available. All equipment and machinery are in good condition and well maintained. Main clients in Sydney’s North, East and Inner West.

Long list of past clients and a fantastic reputation. Loads of work available with jobs in the pipeline.

A team of 4 skilled employees have been with the business for a number of years with one acting as a factory manager.

-Good revenue/cash flow
-Excellent asset list
-Long established successful trading history
-Substantial profits
-Very good growth potential
-Systems and procedures in place
-Steady business monthly/yearly
-Excellent premises and location
-Good team of employees
-Top-quality reputation
-Excellent client base with substantial database
-Lots of future work to be tapped into
-Solid marketing opportunities
-Strong culture for offering high standards
-Work/Lifestyle balance
-Strong referral work opportunities
-Many years of work to create solid foundation for future growth
-Present owner’s ongoing support
-Desirable lease terms available.
-Many years of experience to be passed on to the new owner/s
-Would suit partnership but could be run by one owner
-Excellent relationship with all suppliers resulting in excellent products and service

The present owner of the business will offer a new owner/s 2 weeks of full training after settlement. The owner is also prepared to offer some support for an extended period,
terms to be negotiated at the appropriate time during the sales process.

The business is an excellent opportunity for a similar style business to bolt on to their existing operation and recognize immediate growth.

The business could also suit a family operation where a number of family members take on certain roles within the business. An active investor who is prepared to put some hours into the business could also see
this as a great investment opportunity.

Asking Price: Sale price $450k inclusive of stock and inclusive of all plant and equipment needed to operate the business at its present level. The business sale includes Assets and Goodwill (a full asset list will be provided during the sales process)

Property Code: 2820
Contact Seller
Xcllusive Business Sales

Bsale ID: 594133
Broker REF: xcllusive_49_105

Xcllusive Business Sales Pty Ltd