If you have been looking for a systemised, established, and successful business that just about anyone can run, then circle this.
Regency Knights window fashions, services the Canberra and surrounding area for all their internal and external window coverings. The name Regency Knights has become synonymous in the Region for delivering the highest quality of product and service available to Canberra homeowners. Currently holding over 10% of forecast total market share, there is plenty of room to further build and grow on the foundations of this successful business.
Five reasons this should be your next business investment.
Established -the business was first established in 1975, and the current owner has owned it for 18 years.
Profitable with work in the pipeline- the business averages an owner profit over three years of approximately $400,000, and there is a strong pipeline of work to hand over to the incoming owner.
Systems and staff in place -The fundamental selling proposition is the staff manage the entire process, and the team of approximately 10 manage the consumer process from enquiry to project completion.
Large market -with over 160,000 established residential residences in Canberra, an average transaction value of $4000, and the usual homeowner changing over their blinds/curtains every 20 years, the conservative estimation size of the market is $32,000,000 per annum.
Bank finance and seller support - the business has been so rewarding for the current owner, but retirement beckons; he is happy to help with settlement, and so are the banks with pre-approval of 50% of the purchase price.
We are looking for offers above $950 000 plus Work in Progress (WIP). The current owners will consider vendor finance on the WIP component of the sale to the right buyer.
Work in Progress means: Work where part payment has been made or a deposit received, but all the work still needs to be completed or invoiced.
For expressions of interest, please email your full name and mobile, expressing your interest.
nbn® Fibre to the Premises (FTTP) is available in this property
Max wholesale speed tier available: nbn® Home Ultrafast
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Inspections
No open inspections scheduled.
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Property walkthrough
Key details
Property type:
Business
Block Size:
1905 m²*
Unimproved Value:
$800,000 (2022)
Other Details
Block:
40
Section:
29
Rates (Residential):
$4,611*
Rates (Commercial):
$37,964*
Rates (Rural):
$1,231*
Land Tax (Residential):
$8,453*
Legal description:
CANB/FYSH/29/40
nbn® availability:
nbn® Fibre to the Premises (FTTP)
*These are approximate values based on available information.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
What's nearby
St Benedict's Primary SchoolPrimary School
3.1km
Telopea High SchoolHigh School
4.4km
Queanbeyan District Hospital & Health ServiceHospital
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.
