Quality Window Curtains, Blinds and Soft Furnishings

A real opportunity to acquire this very profitable business as a Trade Sale or for dedicated owners.

Priced to Sell: $350,000 plus Stock & WIP.

This Company, established by one of the current owners in 1986, provides quality outcomes as a retailer, wholesaler and manufacturer of ready made, made to measure curtains, blinds and all types of window furnishings, soft furnishings and some furniture. Home decorating items are also a strong feature of the business.

Significant investment has been made in the manufacturing side to maintain high levels of efficiency.

The Company has an exceptional reputation for quality and delivery of solutions for its clients. They hold clients long term and benefit from repeat business. Long term clients depend on the Company as an integral process in their business process or home redecoration. The Company operated a Quality Assurance Programme which allows for the ability to deliver premium quality work to both the domestic (approx. 85% of sales) and to the commercial sectors (approx. 15% of sales).

Located on the south side of Brisbane the business is housed in modern premises of some 522m2 with a showroom of 80m2 and 2 mezzanine area.

Long term leases available over both premises. The second smaller premise is leased for the manufacture of timber pelmets, timber bed heads & recovering of upholstered furniture.

Price Expectation: Our client is prepared to meet the market with a realistic Price $350,000 plus Stock & WIP.

* Price represents a Return on Investment of 27.50%.

* Achieving top industry Gross Profit Margins delivered of circa 60%

* PEBITD to owner/manager averaged over the past 2 financial years to FY14 circa $241k PEBITDA demonstrating a resultant EBITD circa $96k pa after payment of $129K per annum averaged.

* Staffing: 2 full time working owners in management & sales, 3 permanent part time staff in curtain making, manufacture of blind & tracks, cutting and machining.

* Exceptional reputation for quality and reliability.

* Quality Handover assured.

* Ideal acquisition for a trade buyer or a buyer seeking to acquire a strong 5 day per week manufacturing business together with an established customer base.

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