Custom Kitchen, Bathroom and Joinery Manufacturing - NSW
BS150056 Bs150056, Wollongong NSW 2500
$4,875,000
BusinessSize: n/a
Business ID: BS150056
Strong Cashflow. Trading Over 30 years, With Adjusted Net Profit 2022 - $1.64m.
This long-standing, award-winning manufacturing business is built on industry leading efficiency and effectiveness. This has resulted in high margins whilst delivering quality, custom design, and excellence in customer service. Experienced employees use custom-built software to support day-to-day operations with automation from completed design through to completed product.
This business specialises in the sales, design, manufacture and installation of kitchens, cabinets, and bathrooms, directly to builders, and homeowners in the middle to the upper end of the market segment.
With a trading history of over 30 years, this business offers:
-Well established reputation for quality workmanship
-Turnover of between $7.94 m for FY2022
-Adjusted Profit in FY2022 of $1.64m
-Robust gross margin of approximately 50%
-Strong forward bookings included as part of sale
-Full time Factory Manager handling all production details
-Established team delivering complete projects
-Direct sales channels with showrooms on site and further down coast
-Proprietary software to manage from design, through manufacture, to delivery
-Majority of clients are from builders, online marketing and word of mouth
-Constantly growing regional presence built on efficiency and quality delivery
-Manufacturing facility has 100KW system on roof which substantially saves on power and the cost is included in rent
-Long-held relationships with suppliers and contractors
The business runs under management with several layers across sales, manufacture and installation. This business offers an exceptional strategic purchase for a suitable buyer:
-As a "bolt-on to an existing building business
-The manufacturing growth has the capacity to continue is exceptional growth
-Strong cash flow with minimum bad debts
-Internally developed software solutions that provide industry leading efficiency
-Tapping into a great reputation that takes a long time to develop
-Excellent online feedback from customers
-Multiple options to grow the business
The asking price represents a great return on investment.
Asking price: $4.875 million plus stock
Property Code: 2952
Strong Cashflow. Trading Over 30 years, With Adjusted Net Profit 2022 - $1.64m.
This long-standing, award-winning manufacturing business is built on industry leading efficiency and effectiveness. This has resulted in high margins whilst delivering quality, custom design, and excellence in customer service. Experienced employees use custom-built software to support day-to-day operations with automation from completed design through to completed product.
This business specialises in the sales, design, manufacture and installation of kitchens, cabinets, and bathrooms, directly to builders, and homeowners in the middle to the upper end of the market segment.
With a trading history of over 30 years, this business offers:
-Well established reputation for quality workmanship
-Turnover of between $7.94 m for FY2022
-Adjusted Profit in FY2022 of $1.64m
-Robust gross margin of approximately 50%
-Strong forward bookings included as part of sale
-Full time Factory Manager handling all production details
-Established team delivering complete projects
-Direct sales channels with showrooms on site and further down coast
-Proprietary software to manage from design, through manufacture, to delivery
-Majority of clients are from builders, online marketing and word of mouth
-Constantly growing regional presence built on efficiency and quality delivery
-Manufacturing facility has 100KW system on roof which substantially saves on power and the cost is included in rent
-Long-held relationships with suppliers and contractors
The business runs under management with several layers across sales, manufacture and installation. This business offers an exceptional strategic purchase for a suitable buyer:
-As a "bolt-on to an existing building business
-The manufacturing growth has the capacity to continue is exceptional growth
-Strong cash flow with minimum bad debts
-Internally developed software solutions that provide industry leading efficiency
-Tapping into a great reputation that takes a long time to develop
-Excellent online feedback from customers
-Multiple options to grow the business
The asking price represents a great return on investment.
Asking price: $4.875 million plus stock
Property Code: 2952
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Key details
Property type:
Business
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What's nearby
Wollongong Primary SchoolPrimary School
0.6km
Smith Hill High SchoolHigh School
1km
Illawarra Regional Hospital Wollongong CampusHospital
0.9km
Stockland Shellharbour Shopping CentreMajor Shopping Centre
16km
St Mary Star Of The Sea CollegeCollege
1km
Post OfficePost Office
0.6km
Property history
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SummaryMedian sales
Average Age
35 years
Population
20,446
Listing ID: 181104867. This listing has been viewed 11 times. It was first displayed on 01/11/2022 and last updated on 01/11/2022.
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.