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Established Kitchen Installation Business For Sale – Sydney Shire Area
Advert Id: 297119, Sellers Ref: (5923357)Location:Sydney, New South Wales
Category:Building and Construction, Manufacturing and Industrial
Asking Price:$386,000
- Sales revenue : Undisclosed
- Net profit : Undisclosed
- Furniture/Fixtures value : Undisclosed
- Inventory/Stock value : Undisclosed
Business description
Business ID: BS[Phone Number Censored]
Owners Benefit $300,000 on sales of $1.9M - Asking Price $386,000
The business was established 6 years ago by the current owners. The business designs, sells and installs kitchens, laundries, wardrobes, study and bathroom cabinetry. The business focuses on new high-end construction as well as major renovations servicing an area between the Shire and as far north as Manly.
The business provides its customers with custom cabinets, solid surface benchtops and specialised fixings and fittings targeted towards the higher end of the market.
-Revenue $1.9M
-9% growth in 2020 despite Covid
-Gross margin 36%
-Experienced and trusted team
-Strong reputation in area
-Relies mainly on reputation, Word of mouth
-High repeat business
-Cabinetry manufacturing outsourced
The owner is willing to offer the purchaser one month training to help learn the day to day running of the business. He will then be available on a consultancy basis if required.
The owner has suggested that this would ideally suit someone with kitchen or cabinetry design skills. The business is fairly simple to run and there is opportunity to grow beyond its current level if a new owner requires. Good communication skills is essential as is a strong customer focus.
Asking Price: $386,000 plus SAV
Other Information
- Company Details : Xcllusive Business Sales
- Agent Detail : Xcllusive Business Sales
- Phone : Click here for phone number
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