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Joinery, Whole Home Fitout Specialist Business – Sydney

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Joinery, Whole Home Fitout Specialist Business – Sydney
T/O $1.98M Owner Income 3-year average $383K Forecast 2025 $450K

Business Sale Price:

$600,000

Business ID: XB152846
Location: Sydney
Type: Building/Construction

$600,000

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Joinery, Whole Home Fitout Specialist Business – Sydney

The business was established 24 years ago and has built an outstanding reputation for providing bespoke fit-outs of cabinet joinery for every room of a home, either individually or as a whole house fit-out. These include kitchens, bathrooms, dressing rooms, vanities, wine cellars, and any bespoke requirement an owner/designer/ home builder may request.

The company offers a niche service at attractive margins, and due to the high standard of workmanship proven over time, there is a sustained level of repeat business from builders of executive homes. In addition, many projects come from referrals, where a homeowner has visited and seen the quality of fit-out provided.

The business has a full order book for 2024, and the directors have projected the owner’s income to be $450,000 for this financial year. However, the price has been calculated in accord with the average of the last three years being $383K. In addition, the owner has appointed a Production Manager to oversee the technical factory operation, which will leave the new owner to concentrate on business development.

  • Established 24 years
  • FY2023 T/O $2.14M with profits to working owner $456,229
  • Niche Market
  • High Margins
  • History of Profits
  • Great Reputation
  • Good Growth Potential
  • Owner prepared to stay and manage the business, if required, on terms and for the period of time to be agreed
  • Good Referrals

The owner will assist with training if required and will consider remaining on a part-time basis, if the buyer wishes, on terms to be agreed.

Asking Price: $600,000 for the assets and goodwill. Stock is not included and will be valued at cost as at the date of settlement. It is currently estimated at approx. $100,000.

Details

Subheading : T/O $1.98M Owner Income 3-year average $383K Forecast 2025 $450K
Business ID : XB152846
Price : $600,000
Search Locations : Sydney
Search Type : Building/Construction
Price Range : $501,000 - $1mil
Status : Available

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    REIV Awards Winner - Business Broker of the Year

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