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Manufacturers business for sale in Sydney

  • Manufacturers
  • Sydney NSW 2000
  • $698,000 (GST na)

FQ1131F - Business For Sale - Manufacturers Picture Framing 33 yrs same owner City Fringe Syd Nett $5,000 pw - Corporate

Picture Framing - Manufacturing - Commercial - Inner West
SBX Business Code: FQ1131F
Manufacturing of commercial picture framing which specialises in all kinds of framing services to corporate customers - no retail customers. - Corporate customers include large hotel chains, art galleries, interior designers, government, agent intermediaries etc. - Uses high quality, fashionable frame mouldings that is trending or in fashion. - High profit margin and profits per order. Stock of $300,000 is included in the selling price .Owner will stay on for one year after the sale to give assistance for a smooth transition .

Potential
Currently no retail - Opportunity for retail shop front to attract walk-in and retail customers - No website, social media, marketing or business development. - Can use digital & other marketing to drive more revenue.

Features
Strong reputation in niche market - Solid list of customers with medium to large orders- Excellent margin - Established 31 years. - Not currently open to the public.

Premises
Light industrial site of 400 sq.mts.

Location
Convenient location near major road and bus-stop in the Inner West.

Trading Hours
5 days - Mon. - Fri. - 800 a.m.- 400 p.m. - Closed public holidays & 4 weeks over Xmas. -Flexible hours may be required subject to work flow and orders.

Lease
Current lease expires April, 2021 + 3 year option. - Annual increase 3%. - Bond $20k.

Employees
1 owner + 6 fulltimers

Comments
2017 turnover was $1.15m. - 2018 turnover is $1.2m. - Vendor expects to achieve $1.3m turnover in 2019. - To organise a meeting or visit please contact your broker. - Wages includes super. - Insurance includes Workers Comp. - Misc.- 1 - refers to supplies, maintenance, office admin costs etc.
Figures
Weekly Sales $23000
Rent (ex GST) $3000
Wages $6300
Profit $5000

SBX Business Code: FQ1131F

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Business Highlights

Business ID2016247265
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Last updated  6 May 2020
Map for Sydney NSW 2000
Map for Sydney NSW 2000Sydney NSW 2000
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Business Highlights

Business ID2016247265
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  6 May 2020
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Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065
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