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Cabinetmaking And Joinery Business, Canberra

$194,000

Joining experience with an enviable reputation

Booked out for months in advance, this well-established joinery and cabinetmaking business is at the top of its game. Specialising in the design and construction of kitchen and bathroom interiors, with substantial experience in both domestic and commercial fit-outs, this business has achieved numerous awards and enjoys the financial security of significant repeat business from a loyal client base.

In fact, most sales are to repeat or referred customers, which means reduced sales and advertising pressures. Furthermore, a healthy mix of residential and commercial clientele gives this income stream a valuable element of diversity which all leads to peace of mind for you as the owner.

You’ll also have access to a depth and breadth of experience in the industry. The workshop is fully staffed by some of the best in the business—includingan interior designer, three cabinet makers and one casual assistant—who have served a combined thirty years with this business. Workshop comes equipped with machinery, forklift and ute.

The present owners, who are looking forward to semi-retirement after almost two decades building up this business, are responsible for quoting clients, bookkeeping, kitchen and bathroom design, and directing operations. 

With almost a million dollars in sales last financial year and over 36% gross profit (which includes workshop wages in the cost of sales), this is one business with serious potential you don’t want to turn a blind eye to.

Details:

  • Sales of $985 781 in 2010
  • Gross profit of 36.04%
  • Trading five days a week (with the occasional sixth)
  • 700 square meters workshop and office space
  • 1 month handover period if requested

Priced to sell, $194 000 + SAV!
Stock valued at $90 000

If you are interested in this business, please use the ‘enquire’ form on this webpage or alternatively register your interest via email to sales@capitalcommercial.com.au – our friendly sales team will be more than happy to provide a detailed business dossier containing financial and operational information for this business. Email is the best avenue to guarantee a timely response, however we are also contactable by telephone on 02 6253 4664.
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Agent Details

Capital Commercial Business Sales

P: 02 6253 4664
F: 02 6253 4665
E: sales@capitalcommercial.com.au

Suite E1, 1 Hall Street Lyneham ACT 2602
www.capitalcommercial.com.au

Capital Commercial Canberra Pty Ltd
Licensed Agent
View all sales listings for this agency

What do I need to purchase this property?

Initial Requirements (assuming sale price of $194,000)

Stamp duty $5,290
Legal fees1 $1,500
Loan application fees2 $655
Minimum deposit (10%)2 $19,400
  Total initial payment:   $26,845

Monthly Repayments (assuming deposit of $19,400 and sale price of $194,000)2

Loan repayments on $174,600 borrowed at 6.95% over 30 years.

(Principal and Interest) Loan Repayment:   $1,156 per month

Notes

  1. 1Legal fees are estimated and will vary from firm to firm.
  2. 2Includes application fee, mortgage legals and valuation for standard residential ACT property. Additional Land Titles Office fees are applicable for the registration and transfer of mortgage. The calculation given above is an example estimate only and may not correspond with what is commercially available.

Listing Age and Views

This listing was first displayed on 18/11/10, last updated on 19/3/12, and has been viewed 1788 times. Please note the counter is not updated immediately.

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