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Sold

Manufacture T/O $8.2m High Profits on Central Coast

SOLD

Manufacture T/O $8.2m High Profits

Kitchen manufacture and install of quality custom-made high-end kitchens covering Central Coast, Newcastle, Hunter and northern areas of Sydney.

Established in excess 30 years with many repeat customers and new customers to home renovation marketplace as well as selected high-end builders and architects.

Brilliant team of designers, estimators, sales, manufacturers and installers, many long-term employees as well as established team of subcontractors in place.

Ultra-modern large showroom, large manufacture facility and in house painted finishes facility to minimise lead times on each kitchen, laundry, home office workspace or entertainment BBQ area.

Top website and social media in place with outstanding reviews.

Average turnover of $8.2m with average adjusted nett profit in the region of $730,000.

A brilliant opportunity to acquire a premium long held, well organised business with a brilliant team in place.

First time offered for sale in 30 years.

Price: $2.1m plus SAV (approx. $150k) SAV: Approx $150k – $200k

Business Reference #: 557

Region: Central Coast Newcastle Hunter Sydney

Turnover: Approx $8.2m per annum

Adjusted Net: Approx $730k per annum

Plant Value: TBA

Years Established: 30 years

Permanent Staff: Owner and staff

Hours Weekday: 6.30am to 3pm Factory

Showroom: 9am to 5pm Hours Weekend: 9am to 2pm Saturday

Lettable Area: 900m2 with 300m2 mezzanine

Lease Terms: New lease available

Rent per Calendar Month: TBA

Outgoings: TBA

Parking Comments: Ample parking

Details

Price SOLD
Business Type Business
Business ID 20
Category Industrial/Manufacturing, Industrial/Manufacturing

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