Summary
Well equiped workshop with 4 employees who work with minimal supervision. Loyal blue chip customers who value top quality and service. 2 approved spray booths. All staff multitask. No marketing needed
Revenue
$520,089 pa
Rent
$27,314 pa
Expenses
$69,807 pa
Net Profit
$67,128 pa
Location Details
5/33 Arizona Road
Located centrally for Central Coast and Newcastle. 5 mins to M1 freeway.
Potential
Huge new customer potential. Automated sanding systems are available to reduce labour and increase production.
Skills
New owner can either be active on production - painting etc which will increase production or reduce wages or as currently, a businessman who deals with customers, quality control, and minimal administration.
Hours
Monday to Friday - total 38 hrs per week. Current owner only 28 hours per week.
Lease
Lease expires 13 December 2027 with option for further 5 years
Employees
2 top coat painters - 1 a qualified french polisher. 1 undercoat painter. 1 sander. ranging from 1year to 3.5 years
Reason for Sale
Owner is seeking to retire and care for sick wife.
About the Business
Kitchen manufacturers bring their doors and panels to us or some we collect. Panels are sanded, undercoated, resanded and topcoated. Our clients are large top tier ones who prefer a supplier they can rely on for quality and service. Price is secondary. After a trial period, they generally give us 100% of their business. New owner can do as much or little as they wish. The staff know what to do and can work unsupervised.
History
Business started in 2018 and the owner worked it on his own initially then expanded to 4-5 employees, selling to current owner in 2022 who has ran it for 3 years. Owner keeps in constant contact with clients, establishing a relationship.
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