You might also like...
Innovative Fire Safety Solutions Supplier | National & International Foothold
Internal Ref: RB 344
Summary
2x Franchises – Kitchen & Bathroom Renovations Business for sale Since 2016 – 6 jobs are installed p/w on average with 60 jobs pending Revenue:$3,800,000 Profit:$700,000 Price:$2,999,000
Revenue
$3,800,000 pa
Net Profit
$700,000 pa
Location Details
2x locations
About the Business
2x Franchises – Kitchen & Bathroom Renovations Business for sale
Established in 2016 – over 6 jobs are installed per week on average with 60 jobs pending
Revenue: $3,800,000 – 2024 FY
Profit: $700,000 – 2024 FY
Price: $2,999,000 negotiable + stock
Stock: $5,000
There is around $720k in pending jobs at any one time.
Currently this business is run under semi management with the vendor working only 2 hours per week on average. This business is largely autonomous and managed by amazing team of management and staff.
This is a multi-year award winning and number 1 FLAGSHIP franchise in Australia, servicing South Sydney and the Illawarra regions.
10 highly motivated, autonomous and hard working loyal staff are in place who have been with the business between 6-9 years.
This is a unique renovations business that has a core business concept in mid-market and therefore is busy during all real estate market conditions and activity.
Sydney’s population is continuing to increase and indeed more dwellings are switching ownership and rental turnover, this business thrives in all real estate markets going up or down and is mostly recession proof.
Main focus of this business is the sales and customer service of renovation & installation of kitchens and home joinery.
There is a significant moat around this business and also the advertising and marketing strategy has been finely tuned to manage new enquiries which are then predictably converted into sales.
Excellent opportunities still exist to keep expanding and growing this business within the same geographic territories by focusing on the core business and leveraging the very high good will and reputation that has been developed over many years. Or alternatively, maintaining same business size and profit – this remains as a very attractive high six figure salary for any new owner.
Referral business is 50%
Accounts are held with top industry manufacturers & suppliers and this business is also approved for warranty work on these products.
Systematised and process driven business model that is simple to run.
A network of franchisee business owners and franchisor are also available for business support, networking opportunities, training and annual conference and awards for recognition.
Connect with us