For sale: $1.6M
This one stop shop in retail fit-outs specialises in a vast range of offerings, all of which are provided by the experienced in-house team, allowing to maximise profits by cutting out the 'middle-man'.
This industry leader has seen significant growth year on year and is positioned in a part of the building / construction / design market that continues to flourish even when other sectors drop.
With a guaranteed pipeline, low over heads and an award winning team; this business is a sound investment for any industry professional, a savvy investor or established business to acquire a bigger piece of the market.
Low rental expenses for both office and factory, combined amount equates to less than 2% of turnover.
Fully managed with professional team in place. 2019FY forecasted turnover to reach $6,000,000.
Expected profits are on target to exceed those of years past; with a steady flow of return clients as well as new ones, there is never a shortage of work. With a recent recruitment drive together with significant training / strategic processes that have been implemented the business is well prepared the future growth.
Increase turnover year on year, 2019FY forecasted to reach $6,000,000
Profit in 2019FY on target for $700,000+
Fully-Managed with professional team in place
All design and construction work done in house saving $$$
'One-stop-shop' industry leaders
Business model implemented to
accommodate significant growth
*Below percentages average over the last 3FY
Revenue: $ 5,615,822
Cost of Goods: $ 3,599,935
Annual Rent: $ 109,006
Operating Expenses: $ 81,124
Wages incl Super: $ 1,076,807
Wages to Owner: $ 120,000
(market pro rata)
Annual EBITDA/Net Profit: $ 629,950
*All figures are as at 30 June 2019
Lease 1 - Office
Lease: Ends August 2025
Annual Rent: $ 48,000 + GST
Annual Increases: 3%
OR new lease available
on similar terms
Lease 2 - Factory
Lease: Ends November 2021
Annual Rent: $ 61,000 + GST
Annual Increases: 3%
Additional option available,
to be negotiated
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(t) (02) 8923 2632
The Purchaser is responsible for conducting their own investigations in relation to this business and VBA does not warrant the accuracy of any information contained on this business