KITCHENS AND BATHROOMS BUSINESS FOR SALE

* DESIGN AND INSTALLATIONS….
* ESTABLISHED 2000….
* SOUTHERN SYDNEY DESTINATION PRECINCT…..
* OVER $338,000 PROFIT PA(2015) AFTER OWNERS’ WAGES….
* STATE OF THE ART PROJECT MANAGEMENT SYSTEM…
* WEBSITE….
* FULL TRAINING AND HANDOVER OFFERED….
* 6 DAYS….

This highly respected kitchen and bathroom renovation company is a testament to the hard work that the vendors have invested in the business to shape it into the premium enterprise that it is today. The company is reaping the financial rewards attributed to an extremely good reputation for quality, service and honesty within the industry by significant increases in yearly sales ( 2016 trending 19% increase). This growth underpins the continued success of the business that is extremely well positioned to take advantage of a growing renovation market.

The showroom is located in a modern industrial complex in a densely populated southern Sydney suburb. There are a number of other home improvement businesses nearby making the area a “destination” locality with great exposure to a constant flow of prospective home renovators .The large premises include the showroom, warehouse, reception and office areas, storage and bathroom facilities. There is ample space to convert the warehouse into a manufacturing workshop to build “in-house” if you wish.

Clients are predominantly located in reasonably close proximity to the showroom, however, a revision of the company’s website and word of mouth referrals has seen an increase in customers from more affluent Sydney suburbs. These customers generally represent increased value of sales, reinforcing a trend that is evident throughout all areas of the business. As a first point of call prospective clients either visit the website, visit or call the showroom. Once an order is placed, the customer can be sure that the entire job will be managed to completion.

There are eight staff members, including the vendors. A sales and client liaison person is paid as a consultant. In addition, six sub contractors are engaged to carry out installations. A state of the art project management system is utilised to coordinate and inform staff and customers alike of the status of the project. The systems and staff in place will help provide a smooth transition for a new owner of the business.

The sale comprises all the assets of the business, including tangible assets, intellectual property and goodwill. The vendor will offer the purchaser appropriate training and a handover of the business.

Year on year growth has resulted in a profit of over $338,000 pa after the owners pay themselves wages. Easy to operate…. profitable…. constantly growing…. fully systemised….. this business just keeps on getting better and better!
ASKING $590,000 +sav
For full details please contact PHIL LYONS from BCI Business Brokers plyons@bc.com.au 0419 259 331

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