Summary
This large business has been in business for over 50 years with the current owners being inplace for the last 12 years. Plenty of work in progress and updated machinery which keeps profits high.
Location Details
10 Production St
The premises is located in the main industrial estate of Bundaberg and has a long lease in place (4 years remain). The site is a well laid out 1,200 m2 which holds the factory, display centre and offices.
Potential
A fair bit of new equipment has recently been purchased to supply the over $1 million worth of work in orders. This includes a Woodtek edgebander, reverse bevel line and a new Isuzu truck. There is another $450,000 + worth of assets (market value) included in the sale.
Skills
This is an ideal purchase as an add on for someone already in the building business or as a standalone investment. You can run the business yourself or have the existing team remain to professionally manage your investment. The flexibility is for you to choose.
There are two directors currently in the business. One looks after the production side of the business whilst the other looks after the administrative and financial sides of the business.
Hours
Mon-fri construction hours.
Lease
4 years remaining.
Employees
16-18 staff on hand including admin, sales, production and installers.
Reason for Sale
After a solid 12 years of continuously improving the business the owners are thinking it might be a good time to start looking at something else to do however, they are still available for a handover period.
About the Business
Regalline Cabinets has been in business for over 50 years with the current owners continuing to grow the organisation over the last dozen years. One of the changes brought in by the current owners is productivity improvement created by technology and machinery upgrades.
This is an ideal purchase as an add on for someone already in the building business or as a standalone investment. You can run the business yourself or have the existing team remain to professionally manage your investment. The flexibility is for you to choose.
Client base is both residential and commercial with a focus on kitchens or bathrooms.
A fair bit of new equipment has recently been purchased to supply the over $1 million worth of work in orders. This includes a Woodtek edgebander, reverse bevel line and a new Isuzu truck. There is another $450,000 + worth of assets included in the sale (market value).
The premises is located in the main industrial estate of Bundaberg and has a long lease in place (4 years remain). The site is a well laid out 1,200 m2 which holds the factory, display centre and offices.
Contact Peter Bender at Bundaberg Commercial on 0421 253 771 for a confidential discussion.
History
Regalline Cabinets has been in business for over 50 years with the current owners continuing to grow the organisation over the last dozen years.
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