SBX Business Brokers Phone : 02 9439 ****

Picture Framing - Manufacturing - Commercial - Established 31 years same owner - Sales $23,000 p.w - Profit $5,000 pw

Listing Id : 263216

Location : New South Wales

Category : Manufacturing Light

Asking Price : 800,000

Business description

Picture Framing - Manufacturing - Commercial - Inner West - Agent SBX Code Number: FQ1131 Manufacturing of commercial picture framing which specialises in all kinds of framing services to corporate customers - no retail customers. - Corporate customers include large hotel chains, art galleries, interior designers, government, agent intermediaries etc. - Uses high quality, fashionable frame mouldings that is trending or in fashion. - High profit margin and profits per order. Potential Currently no retail - Opportunity for retail shop front to attract walk-in and retail customers - No website, social media, marketing or business development. - Can use digital & other marketing to drive more revenue. Features Strong reputation in niche market - Solid list of customers with medium to large orders- Excellent margin - Established 31 years. - Not currently open to the public. Premises Light industrial site of 400 sq.mts. Location Convenient location near major road and bus-stop in the Inner West. Trading Hours 5 days - Mon. - Fri. - 800 a.m.- 400 p.m. - Closed public holidays & 4 weeks over Xmas. -Flexible hours may be required subject to work flow and orders. Lease Current lease expires April, 2**** **** + 3 year option. - Annual increase 3%. - Bond $20k. Employees 1 owner + 6 fulltimers Comments 2017 turnover was $1.15m. - 2018 turnover is $1.2m. - Vendor expects to achieve $1.3m turnover in 2019. - To organise a meeting or visit please contact your broker. - Wages includes super. - Insurance includes Workers Comp. - Misc.- 1 - refers to supplies, maintenance, office admin costs etc. Figures Weekly Sales $23000 Rent (ex GST) $3000 Wages $6300 Profit $5000 Agent SBX Code Number: FQ1131 - SBX Business Brokers


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