Internal Ref: AMWK
Summary
Located in Mornington this family-owned company has been designing, manufacturing and installing custom built wardrobes and kitchens for the last 23 years.
Location Details
13 Bruce Street
Located in the thriving light industrial area close to Nepean Highway and the commercial and retail Main Street hub.
Hours
7:30am - 4:30pm Monday to Friday, Saturday am (optional)
Lease
5 x 5 years
Reason for Sale
Retirement
About the Business
This family-owned company has been designing, manufacturing and installing custom built wardrobes and kitchens for the last 23 years. Working with a small team of qualified cabinet makers the business has built a solid reputation for experience, customer service, tailored design and excellent craftmanship.
Products include:
• Kitchens – interior and al fresco
• Wardrobes
• Wall units
• T.V. units
• Laundry
• Vanity
• Bars
• Study desks and shelving
• Storage solutions
The building, which is 468 square metres and features a huge manufacturing space, an office, kitchen, bathroom, storage and room for a showroom is located in a neat and thriving light industrial estate close to Nepean Highway and Mornington Main Street commercial district. The modern premises has 11 car parking spaces, a low rent of $6,500 per month (including GST and outgoings) and is 18 months into a 5 x 5 years lease.
The business is lightly staffed and includes two owners, two tradesmen and one installer and the hours of operation are 7:30 am – 4 pm on weekdays for employees plus Saturday morning (optional) for the owners. Ninety-eight percent of deliveries are performed in-house using the 2020 Renault Van (pictured) which will come with the business.
The plant and equipment list includes:
• Kaishan Direct Drive Scroll Compressor
• Hyster forklift
• Altendorf F45 Panel Saw
• SCM Olympic Edge Bander
• Blum Drill Press
• Blum Hinge Press
• Jia Lift 2 tonne sheet lifter
• Numerous high-quality Makita and Bosch saws and hand tools, hoses and cutters
However, the jewel in the crown is the recently purchased Woodtron 31 x 12 Rapid CNC and accompanying software program, which has increased production by one third while at the same time reducing the need for extra staff. Interested buyers will be given the opportunity to see it in action when you come for an inspection of the premises.
All that’s left is to call Alan Maguire (0418377038) to make an appointment to see the business and discuss it in person with the owners. A free owner provided training and assistance period will be made available before and after settlement. So, take the opportunity now to become accustomed to a new future for you and your family that features both security and ongoing success.
Price: $775,000 + SAV (approx. 20K) including Renault 2020 Van and all machinery, plant and equipment
Contact: Alan Maguire, Principal, Maguires Real Estate (Mornington)
Phone: 0418 377 038
History
232 continuous years in operation since inception
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