SBX Business Brokers Phone : 02 9439 ****

Manufacturing - Furniture Accessories - Well established

Listing Id : 252720

Location : New South Wales - Smithfield

Category : Furniture

Asking Price : 368,000

Business description

Manufacturing - Furniture Accessories - South West Sydney - Agent SBX Code Number: SV1129 Manufacturer preparing and producing wooden / metal accessories for furniture products including arm chairs, tables etc. to retailers etc. Potential More products can be produced. Features Large area. - Excellent location. - Well established Premises Very large combined area of approx. 450 sq.mts. consisting of office, small kitchen and toilet. Location Situated in an industrial area in South West Sydney. Trading Hours 5 days - Mon. - Fri. - 8 a.m. - 4 p.m. Lease Current lease expires May, 2**** **** . - 3% annual C.P.I. increases - 3 month bank guarantee - New long lease available to approved purchaser. Employees 1 owner + 3 casuals. Comments Training will be available to a suitable purchaser. - Van is included in the equipment. - The vendor can consider various options for a potential purchaser who can buy a whole or a part of the business to suit the purchasers requirements / budget as follows - Option 1 - Manufacturer only is $218,000 for 1 client who buys $300,000- $350,000 per year approx. - Warehouse / import business only asking $150,000 for client database - Option 2 - Partnership with the vendor to expand the business into kitchen accessories distribution, more details about percentage contribution will be discussed with the vendor for serious and genuine buyers. Figures Weekly Sales $14000 Rent (ex GST) $1270 Wages $1000 Profit $5000 Agent SBX Code Number: SV1129 - SBX Business Brokers


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