Summary
Established by current owner in 1993. Can be operated from anywhere in Australia, but preferly on the East Coast. Long established clientelle.
Revenue
$346,000 pa
Rent
$28,500 pa
Expenses
$162,500 pa
Net Profit
$155,000 pa
Location Details
NSW, QLD, Vic, WA, NT, SA, ACT, Tas
Located in an industrial estate in a leased factory in Coffs Harbour, NSW. Clients are Australia wide, so business can be run from anywhere in Australia.
Potential
This business would thrive in a more populated area. I could do it, but that would interfere with my holidays and after 32 years of successful operation, I'm ready to step back.
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 repetitive light lifting.
Hours
Average 25 hours per week in the factory + hour per day on computer & deliveries.
Lease
Lease on 360 square metre factory expires in April 2027, with option to renew or move to different premises.
Employees
None. Have had four at one stage and found we make more profit, less headaches and do less work with just the owner 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 because we were classified as an essential service, supporting hospitality venues in adapting to social distancing requirements. We have streamlined operations by focusing on a single product, picnic tables, though the opportunity exists to reintroduce a broader range of designs and products.
The $200000 price advertised includes forklift, thicknesser, 4.4 ton trailer for deliveries, firewood trailer and all tools. It does not include optional 2022 model Ram as shown in one of the pictures. It has adequate towing capacity to tow a 16 table loaded trailer. If required it would be 65k.
History
Established in 1993 by the current owner, the business has slowly grown into a great money maker that is very easy to run. Net profit in 2022 was $350k, since then we have done no advertising and have had more time off for holidays.
It has given us the opportunity to turn work into pleasure. Through doing deliveries we have seen most of NSW, much of QLD, VIC and ACT. It has taken us to some incredible not very well known places, for example Iandra Castle, Greenethorpe, and we often take a few days off when in a new place just to explore.
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