Commercial – Retail Fit outs – Building

For Sale

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South Sydney

Business Code: W1986

$1,000,000
+ Estimated Stock (SAV) $200000
Key Features: Long history.- Good reputation - Google rating 5.0- Builds or fits out 50-100 shops per year.
State: NSW
Suburb: Bankstown
Location: Currently situated in an industrial area in South Sydney.
Premises: This factory has an area of 1000 sq.mts. (200 sq.mts. inside and 800 sq.mts. out side yard)
Price not disclosed

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Private reasons (One partner retiring)

Sale Reason

6yrs

Established

3 car spaces

Parking

2 owners (Management ) + 5 full timers + 20 casuals

Employees

6 days - Monday to Saturday: 9:00 am to 6:00 pm

Trading Hours

Current lease expires July 2030 - 3 months bond - rent increases by 4% per year.

Lease

Sydney’s leading firm in fit-out construction. Operating from its advanced facility it brings innovative design and expert craftsmanship. This company specialises in transforming retail, hospitality and residential spaces into captivating environments. Their commitment to excellence and motivation is greatly appreciated by their clients. Team of professionals utilises cutting-edge tools and technology to deliver outstanding results. This business designs and builds, continuously having plenty of jobs from both industries as per its reputation. – Very well known interior, shop fitting company for 35 yrs (since 1994) and includes many machines for products ( joinery machine, cabinets machine, building components etc.) – Busy time August – December – Low season January – February, from March it gets busier.

Features

Long history.- Good reputation - Google rating 5.0- Builds or fits out 50-100 shops per year.

Potential

Services currently provided include project management, construction, shop fitting, in-house paint shop, lighting, in-house electrician, joinery, basement design & construction.

Comments

Shop fittings (design & construction) - cabinet making - joinery- manufacturing - yearly sales $5,000,000. - Actual net profit approx. $3,000,000 per year. - Misc.-1. - Council rates, Land tax $288/week. - Upstairs 400 sq.mts -2 meeting rooms, (1small office + 1 big office), Downstairs factory, designer office + Managing Director office.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$100000
Cost of Goods
$25000
Gross Profit
$75000
Rent
$2407
Wages
$60000
Insurance
$1169
Electricity
$230
Misc 1
$288
Total Expenses
$64618
Estimated Stock
(Additional)
$200000
Net Profit
$10382
Price
$1,000,000
+ Estimated Stock (SAV) $200000
Price
$1,000,000
+ Estimated Stock (SAV) $200000

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