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Building & Construction business for sale in Mornington

  • Building & Construction
  • Mornington VIC 3931
  • $775,000 (GST na)

Australian made cabinet manufacturer for sale on the Mornington Peninsula

PRICE REDUCED BY $50K!

If you think you can get accustomed to having a successful and growing business that delivers profit and lifestyle at the one time then take a closer look at this business.

Located in beautiful Mornington, a hop, step and jump from the coastal and hinterland delights of the Mornington Peninsula, this family-owned company has been designing, manufacturing and installing custom built wardrobes and kitchens for the last 23 years.

Working with a small team of qualified cabinet makers the business has built a solid reputation for experience, customer service, tailored design and excellent craftmanship.

All cabinets are designed and custom built to measure on site using high quality materials and expertly installed.

Products include:
Kitchens interior and al fresco
Wardrobes
Wall units
T.V. units
Laundry
Vanity
Bars
Study desks and shelving
Storage solutions

The building, which is 468 square metres and features a huge manufacturing space, an office, kitchen, bathroom, storage and room for a showroom is located in a neat and thriving light industrial estate close to Nepean Highway and Mornington Main Street commercial district.

The modern premises has 11 car parking spaces, a low rent of $6,500 per month (including GST and outgoings) and is 18 months into a 5 x 5 years lease.

The business is lightly staffed and includes two owners, two tradesmen and one installer and the hours of operation are 7:30 am 4 pm on weekdays for employees plus Saturday morning (optional) for the owners. Ninety-eight percent of deliveries are performed in-house using the 2020 Renault Van (pictured) which will come with the business.

Modern state of the art plant and equipment is a feature of this operation and the key to recent revenue growth and future potential.

The plant and equipment list includes:
Kaishan Direct Drive Scroll Compressor
Hyster forklift
Altendorf F45 Panel Saw
SCM Olympic Edge Bander
Blum Drill Press
Blum Hinge Press
Jia Lift 2 tonne sheet lifter
Numerous high-quality Makita and Bosch saws and hand tools, hoses and cutters

However, the jewel in the crown is the recently purchased Woodtron 31 x 12 Rapid CNC and accompanying software program, which has increased production by one third while at the same time reducing the need for extra staff.

The machine was designed and manufactured by Woodtron, a local success story, located in Carrum Downs, and is a wonder to behold when in operation. Interested buyers will be given the opportunity to see it in action when you come for an inspection of the premises.

All that's left is to call Alan Maguire (0418377038) to make an appointment to see the business and discuss it in person with the owners. A free owner provided training and assistance period will be made available before and after settlement.

So, take the opportunity now to become accustomed to a new future for you and your family that features both security and ongoing success.

Price: $775,000 + SAV (approx. 20K) including Renault 2020 Van and all machinery, plant and equipment

Contact: Alan Maguire, Principal, Maguires Real Estate (Mornington)
Phone: 0418 377 038

Business Highlights

Business ID2019049856
Floor Area468m²
Category
Last updated  5 May 2024
Map for Mornington VIC 3931
Map for Mornington VIC 3931Mornington VIC 3931
Inspections
Documents

Business Highlights

Business ID2019049856
Floor Area468m²
Category
Last updated  5 May 2024

Listed by

Maguires Real Estate
Call
0418 377 038

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