1SELL Listing ID : 1AU0146
Asking Price: $589,000 + SAV
Key Highlights of the business:
- Specialising in patios, carports, decks, enclosures, outdoor blinds, pergolas, sunroofs and designing and manufacturing portable homes
- The business has established well-defined processes, ensuring that Marketing, Sales, and Installation are all effectively coordinated and in place
- Business has been operating for well over 35 years
- Located in a prime location central to Newcastle
- Owner currently works 14-16 hours a week
- Annual revenue: $1,600,000 approx
- Annual net profit: $340,000 approx
- Annual rent: $53,000 approx
- Business currently has ongoing orders of over $250,000 for the next three months
- Current owner will provide training to new owner and will assist new owner with acquiring relevant licenses which are required for operating the business
1SELL presents an exciting opportunity to take ownership of a trusted cornerstone in the Newcastle region, which has been turning houses into dream homes for over 35 years. As the pioneers in home additions, this business brings forward a legacy of craftsmanship and innovation to every project.
Throughout the 35 years of trade, this business has garnered widespread recognition and trust, with a large clientele. New owners can take advantage of the strong local presence and reputation that has been meticulously built over the years. Being specialists in home additions, this business offers a diverse range of services that cater to a broad market, ensuring multiple revenue streams and business resilience.
This business is fully operational, with established processes in place, and a proven track record. Whilst being well established for over 35 years, this business presents the opportunity for growth and multiple avenues for expansion.
Financial information and details regarding lease can be provided to qualified buyers after completing a confidentiality agreement.
Cost to acquire this business:
Price: $589,000 + Stock at value
Estimated stock: $150,000 +/- 15%.
Bond: 3-month Rental Bond.
Disclaimer: Listing photos are for illustration purposes only and are not actual images of the business on sale. THE PURCHASER IS TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTIES OR STATEMENTS MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.
Property Code: 151
