| Average age: | 31 years |
| Houses: | 0.0% |
| Townhouses: | 0.0% |
| Flats & units: | 89.4% |
| Other: | 10.6% |
| Population: | 722 |
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:
Priced to sell, $194 000 + SAV!
Stock valued at $90 000
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
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
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