Cabinetry, Joinery, and Installations – Freehold available

$1,700,000

Plus Stock at Value (SAV)

Suburb: Newcastle2300
Category: Construction Services

This family owned business has been around for over 20 years and still growing.

Buyers looking for a proven and reputable business of size and scale will be impressed. This family owned business has been around for over 20 years and still growing. The current owners have part time roles with a flexible roster and up to 12 weeks off per year.

The head office location is a purpose built factory with offices, show room, customer car parking plus large side access for trades located on the Central Coast. The business also has a satellite show room located in Newcastle.

The business would ideally suit a buyer with building, cabinetry and/or joinery skills, perhaps a tradesperson or some-one with previous business ownership or General Management credentials.

The business manufactures and installs one type of product with a huge range of options available and is well known for service, quality and offering the latest trends.

Key Highlights

  • Sales over $7.6M (EOFY2021)
  • Adjusted Net Profit $670,000 after owners wages (EOFY2021)
  • Owners are retiring
  • Exceptional locations serving growing areas
  • Assets and improvements worth over $700,000
  • Freehold property available for $2.4M (rent of $146,000 provides an approx. 6% return)

If you are interested in finding out more about this quality opportunity, we will require a confidentiality agreement which is available on the Merchant Business Brokers website or you can call head office on 1300BROKER or email info@merchantbrokers.com.au

Agent Details

Floorplan