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JOINERY Niche Product

$450,000 + SAV

  • ID Ref 6304
  • Suburb Newcastle
  • State NSW
  • Status For Sale
  • JOINERY Niche Product

Business Description

Leading Newcastle/Lake Macquarie based business with annual sales in excess of $2mill (FYE 2019) This business is thriving due to the unprecedented levels of home renovation activity & the trend away from cheap mass produced imports.
It operates from purpose built show rooms with a separate as new factory and boasts an excellent organisational structure with highly skilled managers, designers & tradespeople already in place. The owner plays a relatively minor role in the day to day running of the business & this makes it attractive to a hands on owner/operator or an arm’s length investor. Alternatively it would make a great autonomous addition to your existing construction business.
Very little working capital required in what is a cash flow positive accounting cycle (unique terms of payment means there is no cash lag with up front payments & C.O.D. terms)
The business is definitely in growth phase (based on year to date turnover plus contracted future projects with deposits paid) & is offered for sale for the first time in it’s 11 year history.

For more details contact Rick Di Mecola 0403 227729

Business Features / Snapshot

Your Business Broker

Rick Di Mecola

Business Location

Newcastle, New South Wales 2300