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Listing Id: 34124 Last Refreshed: 07/11/2024 Total Views: 2 Broker Ref: 22953

JOINERY MANUFACTURING, SPECIALISING IN LARGE VOLUMES FOR HI-RISE RESIDENTIAL

Sydney Region, SydneyFurniture and Fixtures Manufacturers
Asking Price: $975,000
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

NA

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.
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