Summary
Established by current owner in 1993. Can be operated from anywhere in Australia. Long established clientelle. Business would benefit from being moved to either Sydney Brisbane or Melbourne.
Revenue
$346,000 pa
Rent
$28,500 pa
Expenses
$162,500 pa
Net Profit
$155,000 pa
Location Details
4/7 June Street, June Street
Located in an industrial estate. Currrently working out of a leased factory in Coffs Harbour, but business would benefit from being moved to either Sydney Brisbane or Melbourne.
Potential
Operating from a leased factory in Coffs Harbour, this business would thrive in a more populated area. With 32 years of successful operation, the owner is ready to step back and pass it on.
Skills
Must be good working with small wood working power tools, driving a fork lift and towing a trailer. Must be reasonably fit. No heavy lifting, just repetirive light lifting.
Hours
Winter averages 20 hours per week in the factory, and summer around 30 hours per week.
Lease
2 year lease just signed, but if you want to get out of it, the neigboring leasee would like to take it over.
Employees
None. Have had four at one stage and found we make more profit and do less work with just the owener working.
Reason for Sale
Retirement.... that is all.
About the Business
We create premium wooden furniture using sustainably sourced Australian native hardwoods, with a commitment to 100% Australian-made products and locally sourced materials throughout our manufacturing process. Our key clients include the Australian Defence Force, Department of Education, NSW National Parks, and Essential Energy. With an average sale of $4,500, we maintain a focused client base to ensure personalized service and efficient operations. Our business remains resilient against disruptions like AI or pandemics, as demonstrated during COVID when sales doubled and we were classified as an essential service, supporting hospitality venues in adapting to social distancing requirements. The current owner has streamlined operations by focusing on a single product, though the opportunity exists to reintroduce a broader range of designs and products.
History
Established in 1993 by the current owner, the business has slowly grown into a great money maker that is very easy to run.
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