Listing Id: 35203
Last Refreshed: 16/02/2025
Total Views: 32
Broker Ref: 23384
(Expired)JOINERY MANUFACTURING, SPECIALISING IN LARGE VOLUMES FOR HI-RISE RESIDENTIAL
Sydney Region, SydneyFurniture and Fixtures Manufacturers
Asking Price: $890,000
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- Reason For Sale
- Description
Overview
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Description
CONSISTENT & PROFITABLE TURNOVER
Established in 2004, our client specialises in the manufacture & installation of large volumes of joinery for Residential & Commercial hi-rise buildings.
They have the capabilities to manufacture from 300 to 600 units for one order providing joinery for kitchens, bathrooms, laundries, wardrobes & storage units.
While most of their work is from Developers & Builders of multiple apartments & town homes, they also manufacture for schools, hospitals, libraries & residential.
However, they are best known for the supply of multiple units for large quantities of specialised joinery.
The highly trained & skilled staff are motivated and take great pride in the quality & high standards of their product.
Key Features;
- Easy transition with the existing client base.
- Well established market position.
- Large level of repeat business.
- Significant growth potential.
- Owner will offer ongoing support for extended period if required.
- Skilled staff
- Destination site for their products & services
What You Need to Know;
- Turnover; $4,050,000 (2024)
- Adjusted Nett Profit; $225,000 (approx.)
- Rent; $9,583/month (incl. GST & outgoings)
- New Lease available to new owner
- Asking Price; $975,000+SAV
Further information & financial history will be provided after Confidentiality requirements have been completed.