Business ID: XB161993
Trading over 40 years. $4mil+ Turnover FY2025, with significant forward orders
This is a great opportunity for someone with a domestic building license seeking high gross margin and strong cash flow, with a stable workforce.
This business specialises in sales, manufacturing and installations of kitchen, cabinets, and bathrooms, directly to homeowners in the middle to upper end of the market segment.
With a trading history of over 30 years, this business offers:
- Well-established reputation for quality workmanship.
- Turnover of $4mil+ for FY2025
- Robust gross margin of approximately 45%
- Substantial forward bookings included as part of sale
- Full-time General Manager handling operations
- Established team delivering complete projects
- Direct sales channels with showrooms and experienced staff to handle day-to-day operations
- Majority of clients are from online marketing and word of mouth
- Long-held relationships with suppliers and contractors
This is a business offers a great opportunity for someone with a building license, namely:
- As a "bolt-on" to an existing building business
- Strong cash flow with minimum bad debts
- Tapping into a great reputation that takes a long time to develop
- Excellent online feedback from customers
- Multiple options to grow the business
- Funding alternatives are possible, e.g., staged payments
The asking price represents a great return on investment.
Asking price: $1.5 million all inclusive
Property Code: 4445