68/014 High End Commercial Cabinet & Joinery Manufacture - Priced To Sell
This family owned business was established in 1959 by the current owners and originally specialised in
production of domestic furniture for national distribution. In 1972 the company diversified by entering the
commercial joinermarket. Now still run by family, the business continues to enjoy great success and growth
within it’s chosen market sector due to the quality of product, service, on time delivery and its excellent
Well set up, the business has state of the art machinery for flat panel production, such as CNC Nesting machinery,
Beam Saws and Edge Banders. aThe company has also maintained their solid timber machinery to
continue producing quality timber joinery not readily available in todays modern market.
It has always been the policy of the company to develop employee skills over the years promoting the
employment of numerous apprentices, many of whom have remained and continue as highly skilled managers.
Key Business Features
• 57 Years in the industry under current owners
• Specialising in commercial work and all aspects of cabinetry and joinery work
• Solid timber machinery
• Loyal and committed managers and floor staff
• Up to date software
• Well known and respected in the industry
• Could be run under management or under limited owner supervision
There is potential for the business to benefit from the commercial growth climate in SE Queensland, due to
the upcoming Commonwealth Games on the Gold Coast, construction of the new Brisbane Casino and the
newly proposed Gold Coast Casino. These are all projects the company does expect to participate in due to the high end finishes required and their past reputation for quality service and expertise. The company has a full forward order book to April 2017 with excellent prospects of confirming future forward orders to January 2018 with significant improvement in nett profit potential.
There is opportunity for new owners to maintain and expand the business in its current market as regional
growth continues. Current premises can easily maintain increased turnover due to the factory size.
Price: $ 2,500,000.00
Stock Value: $ 150,000.00
Net Profit: Upon application
Turnover: $ 4,000,000.00 approx
Plant Value: $ 400,000.00