About the Business

Business ID: XB156640

The business focuses on creating high-quality, customized kitchens tailored to clients’ needs. Working closely with builders, they provide high-end kitchen solutions, establishing themselves as a trusted provider in the industry.

The business works only with builders preferring to rely on recurring work with customers seeking quality cabinetry for executive homes.

Business highlights:

- 30 years history

- 5 day a week business

- Current turnover $1,700,000

- Stable revenue from year to year

- Growth around 11%pa

- Gross margins circa 60%

- Long standing clientsMostly repeat customers

- Opportunity for further marketing and promotion

As required the current owner will assist with a smooth transition of the business and is negotiable in respect of a handover period past the generally expected 4 weeks.

The current owner is happy with the size of the business in its present form however acknowledges it is ready for a new owner to seek additional growth opportunities through additional sales and promotion activities.

A new owner could easily target new builders or even decide to take on work from homeowners and renovators. At present this type of work is turned away.

The business has a sound platform and a great reputation in the industry and provides the basis for further expansion.

On the quoted asking price an investment in this business will show a strong return on investment with a suitable operator running the business.

Asking Price: $350,000 plus stock