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Soft Furnishing, Curtain & Blind Mftr & In

$ 1,350,000.00
Reference Number
2469
Title
Soft Furnishing, Curtain & Blind Mftr & In
Date business was established
1997
Business for
Sale
Additional information
Business features
  • Car Parking
  • Disable Access
  • Residential/Commercial
  • Signage
  • Est. Lease
  • Freehold
Additional information
Soft Furnishing, Curtain and Blind Manufacturer and Installation under management Business for sale

About the Business
This business fills a niche in the marketplace that no other one company can fill. They cater to the high end of the market place in homes, marine, motor homes and hotel industry. They have long term staff in place.
This business manufactures blinds and soft furnishings that are unique. They provide a high level of service and quality and their existing clients would find it difficult to replace this business with a similar one as they are not found in South East Queensland.
Diversification into other markets has seen this business grow in the financial year of 2016, 2017 and 2018 and with management is set to grow again in 2019.
This business runs at a comfortable work load level and there is potential to increase the size of this business should a new owner want to. Or they can enjoy the profits as they are.
This business is showing a 32% return on Investment so it is priced very well for sale to an astute investor.
Revenue
$1,382,666
Net Profit
$471,354 after managers costs
Potential
Every year for the past 3 years the sales and profits have grown. The foundations are set and all that you need to do is continue to oversee the excellent work that the owners have done. Growth seems assured as more people are looking for leisure in luxury boats and motorhomes plus high net worth individuals want something special for their luxury homes and units. Coupled with new management this business can only grow.
Hours
Monday to Thursday 8.00 am – 4.00 pm. Friday 8.00 am – 12.30 pm.
Lease
A five year lease is on offer with an option to purchase the building after this time or renew another five year lease.
Location
Well positioned with ease of access to major roads.
Sale Price
$1,350,000 + stock at value + work in progress
Annual Nett Profit
$ 1,350,000.00
Location
Country
Australia
States
Queensland
City
Gold Coast
Post code
90726
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