Manufacturing - Furniture - Wholesale - M2194

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$150,000

Description

Manufacturer of solid wood and custom made furniture wholesale to 8 major retail chains with consistent orders over 15 years. Also serves private individuals custom orders. The workshop uses high quality solid wood such as Blackwood, Tasmanians Oak and Jarrah etc. materials to suit custom demand.

Potential

The business does not have a web site and no internet trading, even not do any advertising. Huge potential for new owner to create own website and promote marketing to bring more customers and make more profit.

Features

Established for 15 years. Excellent reputation for high quality custom made furniture . Excellent trading relationships with major retailers. Very strong cash flow business. The vendor can stay to train and support new owner.

Premises

This business has an area of 1100 sq.mts which includes workshop, office, kitchen and large stock area.

Location

Easy access industrial unit in commercial complex in South West industrial area.

Trading Hours

5 days: 7 am to 5:30 pm.

Lease

3 + 3 year lease commenced Oct.2023. 5% increases - 3 months bond

Employees

One owner + 3 full timers + 3 casuals

Comments

Misc.- 1- Refers to water bill, rubbish and other general business expenses. The sale price includes all equipment such as 5 panel saws , sanding machines and compressor machine etc. Training will be available to a suitable purchaser. The vendor can stay in the business to support new owner. Premises are not open to public. All inspections through SBX business brokers.

SBX ID

M2194

Figures
  • Takings: $15000/week (GST)
  • Cost of Goods: $4200
  • Gross Profit: $10800
  • Rent: $2000
  • Wages: $5000
  • Telephone: $20
  • Insurance: $260
  • Electricity: $250
  • Misc 1: $200
  • Total Expenses: $7730
  • Nett Profit: $3070
  • Estimated Stock (Additional): $50000
  • All other values ex GST
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