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Building Company - Innovative - Turnkey Operation - Professional Branding
Summary
The business was founded 30 years ago. With a magnificent structure including the Joenery shop i
Revenue
$3,500,000 pa
Net Profit
$800 pa
Location Details
Sydney
Potential
The strategic decision to not work with, or for, builders is due to a historically poor record of not being paid on time or in some cased, not being paid at all. Builders also had unrealistic expectations and demands. This, compared with the ease and reliability of the work that stems from the real estate referrals and private customers, has determined the company's strategic
Skills
Good for builder + joinery, also companies who want to have their joinery shop and an extra 3-5 m turnover
Reason for Sale
I want to retire but help businesses grow up
About the Business
The business was founded 30 years ago.
The first 15 years were spent completing projects for builders and for private clients. After 15 years, the construction and renovation of bathrooms were introduced due to an increase in enquiries via the established customer base and longstanding business and referral partners. In particular, real estate agents have been, and continue to be, a strong referral source for new and ongoing business.
The strategic decision to not work with, or for, builders is due to a historically poor record of not being paid on time or in some cased, not being paid at all. Builders also had unrealistic expectations and demands. This, compared with the ease and reliability of the work that stems from the real estate referrals and private customers, has determined the company's strategic path to where it now sees approximately 70% of all orders originate from real estate agent referrals, 20% from private customers and 10% from other sources. Real estate agents and private customers are also more willing to provide online references and feedback via Google reviews etc, which results in a positive online presence that in turn attracts more clients. The online reviews are easily accessible, providing a means by which prospective new clients can research us
There is no business or commercial debt associated with company assets. The Kitchens factory is equipped with state-of-the-art equipment from Italy and Germany and has five vehicles.
The factory is well located in the Sydney Metropolitan area.
The company uses Cabinet Vision design and manufacturing program and construction project management software from Buildertrend. The website has also recently been revamped with a focus on search engine capability.
A longstanding Management and Marketing team are also employed.
Combined, this all streamlines the business processes and boosts efficiency so that it provides the owner of the company the flexibility of being either immersed within the business or being able to manage it from an offsite location.
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