SBX Business Brokers Phone : 02 9439 ****

Upholstery - Furniture - Manufacturing - Rare opportunity

Listing Id : 233088

Location : New South Wales

Category : Others

Asking Price : 500,000

Business description

Upholstery - Furniture - Manufacturing - Western Suburbs - Agent SBX Code Number: FQ11**** **** Manufacturing business providing re-upholstering and custom furniture. - Core business is to manufacture and supply Australian made premium sofas, lounges and couches to major Australian retailer clients such as John Cootes, Harvey Norman etc. - Production is over 3,000 pieces per year. - Also provides service in the re-upholstering of sofa and furniture for customers. - Demand exceeds production capabilities so the new owner can expand facilities and improve profits. - Turnover approx. $2m per year. Potential Expand into other custom made furniture beyond sofa, lounges and couches -Potential to grow the re-upholstering business to meet public demand -Currently no marketing or promotion. - Can improve exposure and sales with marketing. Features Profitable niche market to meet demand for premium Australian-made furniture. -Very few competitors in NSW - Established for 20 years - Strong relationships with large retailers - 5 days Premises Two level premises comprising of warehousing space, office and a sewing room with a total area of approx. 400 m2. Location Situated in a light industrial area in the Western Suburbs. Trading Hours 5 days - Mon. - Fri. - 800 a.m. - 600 p.m. Lease Vendor is landlord. - A new lease is available to suitable buyers. Employees 1 owner + 8 casuals Comments Premises are not open to public. - Buyers are required to make an appointment for inspections. - Rare opportunity.- Asking price does not include the freehold. - Vendor will consider selling the freehold with the business if buyers are interested. - Vendor is willing to provide training. - Misc.- 1 - refers to GST & other tax payments. - Misc.- 2 - refers to office supplies and other miscellaneous costs. Figures Weekly Sales $40000 Rent (ex GST) $1000 Wages $8000 Profit $1**** **** Agent SBX Code Number: FQ11**** **** - SBX Business Brokers

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