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Listing Id: 34095 Last Refreshed: 07/11/2024 Total Views: 3 Broker Ref: 22916

Kitchen Joinery Business for Sale

Sydney Region, SydneyPrecision Engineering Manufacturers
Asking Price: $290,000
Business For Takeover
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

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Description

This well-established joinery business has its roots going back over 6 decades. It designs, manufactures and installs a wide variety of joinery products, including kitchens, laundries, wardrobes, bookshelves, vanities and more.

The business operates from a factory that is fully set up to produce just about any joinery product in house. It has a CNC machine, edge bander, panel saw, plus a variety of smaller equipment and tools. Two vehicles (a van and a utility vehicle) are also included. In addition to the production area, this facility has a substantial showroom and office area.

Having traded for many years, the business receives a considerable amount of work through referrals. Further, it receives some repeat work from long term builder and developer customers. New work is also frequently won through the business's website marketing. Customers are broadly spread, with the largest customer accounting for approximately 12 percent of sales.

This business has been growing over recent years. For the 2024 financial year, it achieved sales of $1.7 million and a profit to a working owner of over $300,000.

This quality business is being offered for sale at $290,000. It would be likely to cost more than this to set up a similar business from scratch! Very high return on your investment!

If you have a Kitchen, Bathroom and Laundry Renovator license and would like to run your own joinery business, this could be just the business for you. It could also be a great acquisition for another business operating in the industry.

Contact us now to find out more.
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