Glass Installation

For Sale

·
Western Suburbs

Business Code: M2138

$185,000.00
+ Estimated Stock (SAV) $20000
Key Features: Well established in 18 years. - Very high margins. - Quality fitout. - Low rent. - Good training and support to be provided. - Great market demand. - Great growing potential.
State: NSW
Suburb: Smithfield
Location: Situated in industrial area of Western Suburbs
Premises: Well equipped processing plant with an area of approx. 250m2 including an office, kitchen and store room.
Price not disclosed

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Health reasons

Sale Reason

2006

Established

4-5 parking spaces.

Parking

Self employed

Employees

5 days - Monday to Friday: 9 am to 3 pm. Currrently flexible trading hours due to the vendors health reason.

Trading Hours

Currently paying monthly rent. - Longer lease available. - Easy landlord.

Lease

Glass processing and installation business specialising in shower screens in bathrooms, splash back in kitchens and fences on swimming pools. Serving all frameless, semi frameless and framed systems as customers requirements. The business was established in 2006 with large regular customers base. The yearly takings were between $470k -$550k without any advertising pre Covid. – The main list of equipment includes 9 heads polish machine, double heads drill machine, overhead sucker crane, glass cutting steel beach, glass stock frames and one delivery truck (2006 Toyota manual with two A-frames fitted) The business is mainly being sold on the plant and equipment value plus stock

Features

Well established in 18 years. - Very high margins. - Quality fitout. - Low rent. - Good training and support to be provided. - Great market demand. - Great growing potential.

Potential

Pick up sales.- Add repairs. - Increase trading hours. - Could expand the business for safety glass screens in balconies and glass division walls in offices. - Set up own website. - Promote advertising as current vendor has never done any previously.

Comments

First time on market in 18 years. - Rare find. - Good investment opportunity for builders and tradesmen. - The vendor is willing to stay for awhile for training and support if required. FY23 Financials can be reviewed. A must to inspect. - Please contact SBX brokers to arrange an inspection.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$7000
Cost of Goods
$2450
Gross Profit
$4550
Rent
$566
Wages
$1500
Telephone
$20
Insurance
$260
Electricity
$24
Misc 1
$100
Total Expenses
$2470
Estimated Stock
(Additional)
$20000
Net Profit
$2080
Price
$185,000.00
+ Estimated Stock (SAV) $20000
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