Commercial – Retail Fit outs – Building

For Sale

·
South Sydney

Business Code: W1986

$500,000
+ 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)

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
$500,000
+ Estimated Stock (SAV) $200000
Price
$500,000
+ Estimated Stock (SAV) $200000

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