Manufacturing – Furniture – Wholesale

For Sale

·
South West Sydney

Business Code: M2194

$300,000
+ Estimated Stock (SAV) $50000
Key Features: Established for 15 years. Excellent reputation for high quality custom made furniture . Excellent trading relationships with major retailers. Very strong cash flow business. The vendor can stay to train and support new owner.
State: NSW
Suburb: Fairfield
Location: Easy access industrial unit in commercial complex in South West industrial area.
Premises: This business has an area of 1100 sq.mts which includes workshop, office, kitchen and large stock area.
Price not disclosed

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Retirement

Sale Reason

2008

Established

Free parking on site

Parking

One owner + 4 full timers + 2 part timers.

Employees

5 days: 7 am to 5:30 pm.

Trading Hours

Currently pays monthly rental. New and longer lease available.

Lease

Manufacturer of solid wood and custom made furniture wholesale to 8 major retail chains with consistent orders over 15 years. Also serves private individuals custom orders. The workshop uses high quality solid wood such as Blackwood, Tasmanians Oak and Jarrah etc. materials to suit custom demand. Current year turnover $1 million.

Features

Established for 15 years. Excellent reputation for high quality custom made furniture . Excellent trading relationships with major retailers. Very strong cash flow business. The vendor can stay to train and support new owner.

Potential

The business does not have a web site and no internet trading, even not do any advertising. Huge potential for new owner to create own website and promote marketing to bring more customers and make more profit.

Comments

Misc.- 1- Refers to water bill, rubbish and other general business expenses. The sale price includes all equipment such as 5 panel saws , sanding machines and compressor machine etc. Training will be available to a suitable purchaser. The vendor can stay in the business to support new owner. Premises are not open to public. All inspections through SBX business brokers.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$20000
Cost of Goods
$5000
Gross Profit
$15000
Rent
$2000
Wages
$7000
Telephone
$20
Insurance
$260
Electricity
$250
Misc 1
$350
Total Expenses
$9880
Estimated Stock
(Additional)
$50000
Net Profit
$5120
Price
$300,000
+ Estimated Stock (SAV) $50000
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