Internal Ref: SFG1131
Summary
SBX Code: SFG1131 - Stand out opportunity to acquire well regarded modern joinery cabinet making business that has thrived since inception.
Rent
$975 pw
Net Profit
$4,965 pw
Location Details
Situated in an industrial unit complex in South West Sydney.
Potential
Develop website and expand social media presence. Marketing campaign and direct approach and tenders to builders.
Hours
5 days - Monday to Friday 8 am to 5 pm
Lease
Current lease through to June 2025 with a 3 year option and 3 month bond (STC)
Employees
1 full time owner + 2 full - time apprentices.
About the Business
Cabinet Making - Joinery - Manufacturer - South West Sydney
SBX Code: SFG1131
Cabinet making - joinery - kitchens. Custom joinery is an equipment and software driven industry and this business features modern premium equipment and state of the art software ensuring continued success. A feature of this business is that most of the equipment is less than 2 1/2 years old and represents an investment in premium and equipment and systems by the owner of around $400k.This dynamic business opened its doors in 2018 and has flourished since then and been able to reinvest profit into equipment purchases. Equipment includes one Biesse CNC panel cutting machine supported by appropriate cabinet making software with an investment level alone for these two items at around $220k. All shop equipment plus forklift and delivery vehicle are included in asking price. The business specialises in kitchen cabinets and custom joinery contracts. Contract values are up to around $140k. The referral base includes, builders, architects, maintenance groups as well as individual domestic clients.
Features
Excellent reputation. High quality modern equipment. Good referral base.
Premises
Sizeable modern workshop featuring premium equipment and separate mezzanine office totalling 360 sq. mts.
Comments
A genuine sale due to health reasons. The owner is open to selling a 50% share of the business to a suitable partial purchaser with the owner continuing in the business in a less physical capacity. The business suits either a person from a trades background or an IT professional with design and CAD experience or with an aptitude to
SBX Code: SFG1131
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