Specialised Furniture Manufacturing Business - $250k+ P.A Profit To Owner - Under Management

Sydney, NSW

Industrial/Manufacturing / Furniture/Timber Import/Export/Whole / Wholesale Services / Management Rights
$500k + Sav
Listing ID1586402

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Summary
A commercial business specialising in the manufacturing and importing of furniture focusing on the aged care sector with growing profitability and real potential for further growth.

Revenue:
$2,510,000+ pa

Net Profit:
$250,000k+ PA

Location Details
Ideally located in south west Sydney near the M5 and M7 motorways.

Potential
An opportunity exists for a purchaser to acquire an established and successful manufacturer and distributor of specialised furniture based in Sydney but selling across the east coast of Australia.

The aged care sector is growing significantly, and this business is already experiencing organic growth in line with the market. But there is a real potential to achieve above trend growth with the implementation of a sales and marketing plan.

This could also be an exceptional opportunity for complimentary businesses already selling into this Manufacturing, Importing and distributor sector to broaden the client base, and product offering.


Skills
The business is currently run under management with long standing and loyal staff. A new owner could continue to run under management, or transition into the business operations.


Hours
Trading 5 days a week, Mon-Fri
Business Hours

Lease
7 years, with a 7-year renewal option
Currently only 15 months into existing 7 year lease term.

Employees
7 x FT staff
1 x casual
Casual staff as required on a project by project basis



About the Business
This business has been manufacturing in Australia for almost 30 years and distributes furniture to commercial clients, particularly in the healthcare and aged care sectors, as well as education and hospitality.

Located in a large warehouse in south west Sydney, the business is fitted with high quality and modern machinery for manufacturing locally. It also has long standing international suppliers, including sole distribution rights to a brand out of Europe.

The business has distinct income streams including wholesale, and custom commercial fit-outs that have continue to deliver growing profits. These channels to market have been developed with little investment in marketing, which presents the new buyer with an enormous opportunity to expand market share.

Quick facts about the business:

- Established 30 years ago

- A strong industry reputation

-Run under management

- Experienced and loyal team provide reliability and overall insurance

- $300k+ in equipment (included in price)

- $500k + inventory (included in price)

- Industry ( Manufacturing, Importing & Distributing ) is projected to grow significantly

Disclaimer: Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.