Industrial & Manufacturing business for sale in Sydney
- Industrial & Manufacturing
- Sydney NSW 2000
- $8,560,000 (GST na)
Office Furniture Manufacturer & Fitout Specialist
This well-established furniture manufacturing and office fit-out specialist is one of Australia's oldest and most reputable businesses in the space.
With a dedicated and professional team, this well-oiled machine of a business has built a reputation for excellence in designing, manufacturing, and installing high-quality office furniture and fit-outs.
The current owner is retiring, but the General Manager is keen to remain with the business, providing continuity and expertise to ensure a smooth transition for the new owner. As an existing minority shareholder, the General Manager is also open to consider retaining some level of shareholding under the new ownership, subject to negotiation.
The business is based in New South Wales but has an extensive customer base across the Eastern seaboard of Australia, and a strong track record of repeat business from satisfied clients. They offer B2B wholesale, direct-to-consumer sales and custom design fit-outs.
The premises boasts state-of-the-art manufacturing facilities with replacement costs of assets estimated at around $2,296,149 excluding stock or building fit-out/setup costs, there is also a modern showroom at the head office which sits adjacent to the factory. With a focus on quality, craftsmanship, and customer satisfaction, this business is well-positioned for continued success in the future.
This financial year has seen some of the strongest months of trade on record, with turnover estimated to exceed $11M by 30 June.
This is a rare opportunity, offered for sale for the first time since inception and features all the fundamental characteristics attractive to both an investor and operator.
Prospective buyers are subject to qualification, and Vendor's disclosure approval.
State-of-the-art plant and equipment without encumbrances
General Manager willing to remain in business
Strong level of repeat business with low-risk concentration of customers
Long-serving, loyal and experienced staff in place
To fill out a confidentiality agreement on this business copy the following URL in your browser and follow the prompts https://www.vbaaustralia.com.au/post/office-furniture-manufacturer-fitout-specialist?
Or for further details contact Daniel Kogan at 0401 620 918.
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