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Quality Kitchens Wardrobes T/o $4m Plus For Sale

Central Coast, New South Wales, Australia
Asking Price:
$1,500,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$4,000,000 (AUD)
Cash Flow:
Available on request

Long-established quality kitchens, wardrobe doors and wardrobe internals.

Sales in excess of $4m with adjusted nett in the region of $650k plus FY21-FY23 average financial years.

Large factory approx.1000m2 plus 150m2 mezzanine well equipped and organized to allow smooth workflow with solid admin and trade team in place.

Kitchen showroom with displays plus Showroom of wardrobe doors and internal displays.

Consistent work from builders, architects, owner builders and general private customers/clients.

Equipment includes 1 CNC machine to suit 3600 x 1200 sheets autoload, cutting, auto labelling and auto unloading. 1 CNC machine to suit 2700 x 1200 sheets manual load, cutting and auto unload. Screw compressor, spray booth and equipment, edger, glass grinder/polisher, pallet racking, glass racking, aluminum racking, trimmers, handheld power tools, drop saws, etc. Forklift plus 9 vehicles including Pantech and other Vehicles. Computers and office equipment.

Established 26 years first time offered for sale. Exclusive agents

Sale price $1.5m plus SAV (approx. $200k)

Region: All of Central Coast
Turnover: Approx. $4m plus
Adjusted Net: Approx. $650k
Plant Value: Approx. $500k
Years Established: 26 years owner-operated
Permanent Staff: 2 Admin, 2 Sales, 1 Factory Manager, 4 Installers, 8 Tradies & 2 Apprentices
Hours Weekday: 7.30am to 4pm
Lettable Area: Approx.1000m2 + 150m2 mezzanine
Lease Terms: New 5yr & 5yr
Rent per Calendar Month: $10,833.33 plus GST
Outgoings: Included in rent

If interested, please contact the seller through the form on this page. Information package available to all qualified Buyers upon a Non-Disclosure Agreement being executed.

Property Information

Real Estate:

Lease

Lease Terms:

New 5yr plus 5yr

Leasehold Rent:

$130,000 (AUD) per annum

Location:

All of Central Coast

Premises Details:

Approx. 1000m2 factory with 150m2 mezzanine

Business Operation

Trading hours:

7.30am to 4pm Monday to Friday

Employees:
2 Admin, 2 Sales, 1 Factory Manager, 4 Installers, 8 Tradies & 2 Apprentices
Years established:
26 years

Other Information

Furniture / Fixtures value:
$500,000 (AUD) - included in the asking price
Inventory / Stock value:
$200,000 (AUD)