Internal Ref: Cabinet Making
Summary
Cabinet Making business estab in 1987 is for sale on a Walk in Walk out basis. Turnover in 2024 (2.2 mil) and in 2023 (2.1 mil) The business is for sale for $700,000 which include $250K of equipt
Revenue
$2,294,575 pa
Rent
$102,965 pa
Expenses
$1,962,674 pa
Net Profit
$228,936 pa
Location Details
The business is located in the Northern Suburbs has operated from this location since October, 1987, s located behind Bunnings Thomastown and has easy access to the M80 freeway.
Potential
This business would suit an owner operator and operates with minimal staff. There is plenty of opportunities for a new owner to expand the business.
The business has a mix of Retail and a small percentage of Commercial work where the business can expand.
Skills
The right person should have some experience in the building industry preferably in Cabinet making or as a qualified builder.
Hours
The business operates Monday - Fridays and occassionally on Saturdays by appointment only to meet with client.
Lease
The owners are prepared to enter into a new 10 yr lease with two further 10 yr options periods.
Employees
The business currently has 8 employees excluding the owner which consist of 1 bookkeeper and 7 cabinet makers
Reason for Sale
The owner is retiring, however the owner is willing to assist with the tranistion to the new owner and will personally introduce the successful purchaser to all his clents which consist of builders, architects and the public clients.
The period of the hand over can discussed bewteen the two parties as part of the sale agreement.
About the Business
This business produces cabinitry for kitchens, batthrooms, laundrys and other furnture type cabinitry.
The business has a loyal client base of local builders which they have serviced for many years.
The work ranges from Archetectural designed houses,apartments, commercial and local housing.
The business also caters for the needs of the general public.
This business is well established and has a good reputation within the industry.
This is list of equipment that is included in the sale:
1 x Panel saw with side supports
6 x Motor vehicles comprising of Vans, Utes and Truck
2 x CNC Router and table quad dust extractors
3x Drill insert machines
1 x Holzer Edge Banding machine
1 x Hydraulic Scissor Lift Table
Various power tools, makita,Tyobi,Skil and Festool plus others
Planit Software- Cabinet Vision - 2 x Licences
CCTV throughout the factory and exterior of factory
Digital telephone system
Various desktop computers
Compressed air reticulation throughout the factory
History
This business commenced in October, 1987 and has been opertating in Thomastown since A.pril, 1990
Over the years the business has built relatioships with both local and commercial builders, which the owner will be more than happy to introduce the successful buyer.
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