Large Scale cabinetry and Joinery business - Central Coast

Large Scale cabinetry and Joinery business - Central Coast

Price: This business is already sold

Large Scale cabinetry and Joinery business - Central Coast

Key Sale Highlights

  • Sales over $7.6M for EOFY2021
  • Adjusted Net Profit approximately $816,000 after owners wages for EOFY2021
  • Owners are retiring
  • Assets and improvements worth over $700,000
  • Freehold property is available for $2.4M or a long term lease with options
  • An exceptional well known brand operating from the Central Coast
Shane Fox

Proudly listed by Shane Fox

Broker Firm

Business Overview

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 they take 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 all 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

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BACKGROUND

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