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Picture Framing - Manufacturing - Commercial - Picture Framing 33 Yrs Same Owner City Fringe Syd Nett $5,000 Pw - Corporate For Sale

Sydney, New South Wales, Australia
Asking Price:
$698,000 (AUD)
Sales Revenue:
$1,196,000 (AUD)
Cash Flow:
$260,000 (AUD)

Manufacturing of commercial picture framing which specialises in all kinds of framing services to corporate customers - no retail customers. - Corporate customers include large hotel chains, art galleries, interior designers, government, agent intermediaries etc. - Uses high quality, fashionable frame mouldings that is trending or in fashion. - High profit margin and profits per order. Stock of $300,000 is included in the selling price .Owner will stay on for one year after the sale to give assistance for a smooth transition .

Potential
Currently no retail - Opportunity for retail shop front to attract walk-in and retail customers - No website, social media, marketing or business development. - Can use digital & other marketing to drive more revenue.

Features
Strong reputation in niche market - Solid list of customers with medium to large orders- Excellent margin - Established 31 years. - Not currently open to the public.

Premises
Light industrial site of 400 sq.mts.

Location
Convenient location near major road and bus-stop in the Inner West.

Trading Hours
5 days - Mon. - Fri. - 800 a.m.- 400 p.m. - Closed public holidays & 4 weeks over Xmas. -Flexible hours may be required subject to work flow and orders.

Lease
Current lease expires April, 2021 + 3 year option. - Annual increase 3%. - Bond $20k.

Employees
1 owner + 6 fulltimers

Comments

Property Information

Location:

Convenient location near major road and bus-stop in the Inner West.

Business Operation

Expansion Potential:

Currently no retail - Opportunity for retail shop front to attract walk-in and retail customers - No website, social media, marketing or business development. - Can use digital & other marketing to drive more revenue.

Trading hours:

5 days - Mon. - Fri. - 800 a.m.- 400 p.m. - Closed public holidays & 4 weeks over Xmas. -Flexible hours may be required subject to work flow and orders.

Employees:
1 owner + 6 fulltimers

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