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CONTACT VISION

(02) 8923 2632

info@vbaaustralia.com.au

Level 32/ 101 Miller Street
North Sydney, NSW 2060

 © Copyright VBA 2019 All rights reserved

$1,600,000 RETAIL DESIGN, CONSTRUCTION AND CONSULTING BUSINESS

For sale: $1.6M






Business Overview


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.



Features


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





Financial Summary


*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



Premises


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




Buying a business is easy with Vision





"We understand that as every business is different, so is every buyer. Ask your broker about the information that the Vendor will make available as part of due diligence, so you know what to expect at the beginning of the process "


Daniel Kogan

(e)  daniel@vbaaustralia.com.au

(m) 0401 620 918

(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

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