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Custom Joinery Manufacturer and Installer Newcastle & Hunter Valley

$1,490,000

Newcastle, New South Wales

Custom Joinery Manufacturer and Installer Newcastle & Hunter Valley

This multi-award-winning custom Joinery Manufacturing and Installation business has been established, for well over 25 years and the owner is now looking to retire. The exceptionally trained team is long-standing and reflects the positive culture of this quality business.
The business has distinguished itself with significant investments in modern equipment and ongoing training and development to ensure product quality, cost efficiencies and systemised and professional processes. Key clients include builders, architects and construction companies; all of who understand the workmanship involved and recommend the businesses products and services.
The business currently completes most work within the commercial sector, with huge opportunity for growth in shop fit-outs and the domestic market if a new owner desired.
With Newcastle and the Hunter Valley poised for further domestic and commercial building and development works, this solid and proven business is perfectly positioned to capture more of the market. EOFY2018 revenue is around $6M with EBITDA approximately $550,000 after generous owner salary.
A long-term lease is available, or the freehold property is available for $2.5M.
The owner is open to negotiating a mutually suitable transition period with a new owner, including training.
If you are interested in finding out more about this quality opportunity, please go to www.merchantbrokers.com.au. Alternatively, contact 1300 BROKER or call Shane Fox on 0415 407 777.

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Last updated: 20th May 2020

Summary

Property Type
Business
Contract Type
For Sale
Location
 Newcastle
State
 New South Wales
Price
$1,490,000
Category
  • Building and Construction
  • Furniture/Timber
  • Wholesale

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Agency

Business Brokers Network

Business Brokers Network

Contact

Shane Fox