Business ID: XB------
Adjusted profits to an owner operator $395K
The business focuses on creating high-quality, customized kitchens tailored to clients’ needs. Working closely with builders, they provide high-end kitchen solutions, establishing themselves as a trusted provider in the industry.
The business works only with builders preferring to rely on recurring work with customers seeking quality cabinetry for executive homes.
Business highlights:
- 30 years history
- 5 day a week business
- Current turnover $1,700,000
- Stable revenue from year to year
- Growth around 11%pa
- Gross margins circa 60%
- Long standing clientsMostly repeat customers
- Opportunity for further marketing and promotion
As required the current owner will assist with a smooth transition of the business and is negotiable in respect of a handover period past the generally expected 4 weeks.
The current owner is happy with the size of the business in its present form however acknowledges it is ready for a new owner to seek additional growth opportunities through additional sales and promotion activities.
A new owner could easily target new builders or even decide to take on work from homeowners and renovators. At present this type of work is turned away.
The business has a sound platform and a great reputation in the industry and provides the basis for further expansion.
On the quoted asking price an investment in this business will show a strong return on investment with a suitable operator running the business.
Asking Price: $517,000 plus stock
Property Code: 3834
