ID:

Rare manufacturing opportinity

BXS2015123, Western Sydney,
NSW, Australia
Price: $599,000
Manufacturing
  • 377
  • 0
  • Takings (p/w): $30,165
  • Rent: $1,048
  • Net Profit: $7,005

Description

Retail manufacturing specialising in curtains, shutters, roller blinds, awnings, etc. Other services offered are upholstery of lounges, chairs and bedspreads,etc Majority of clients are existing customers, referrals and through company website. Some commercial work is done through builders / shopfitters and existing clients on database. Commercial work is done in hospitals, schools, hotels etc.

 

Potential

Could move factory to China Buy fabric direct from overseas and focus on commercial work. Also potential to wholesale to other decorators Could franchise.

Features

Established 21 years Secure business Great return on investment Profitable

Premises

These premises have a total area of 400 sq. mts.

Location

2 separate locations: 1 showroom and 1 showroom / factory / office

Trading Hours

Retail 5 days Mon. - Fri. - 9 a.m. - 5 p.m. - Factory - 7 a.m. - 3 p.m. - Saturday as required or by appointment

Lease

New 3 x 3 years lease. C.P.I. annual increases. Owner is landlord and happy to sell the property or offer new lease with flexible terms.

Sale Reason

Retiring after many years in the industry.

Employees

1 owner + 7 part time staff including (1 on road quoter + 3 internal sewers + 1 part time sales assistant in showroom + 1 administration staff + 1 installer)

Comments

Owner is prepared to stay on and train incoming purchaser for up to 3 months. Freehold of showroom / factory is also available for an additional $600,000. All franchise documentation, contracts and paperwork is ready to go. Businesses like this do not become available for sale often. Business is suitable for business investment visas.

Additional Information

Weekly Takings: $30,165
Cost of Goods: $14,353
Gross Profit: $15,812
Rent: $1,048
Outgoings: NA
Wages: $4,107
Telephone: $350
Insurance: $386
Electricity: $77
Gas: NA
Miscellaneous 1: $2,839
Miscellaneous 2: NA
Total Expenses: $8,807
Net Profit: $7,005
Estimated Stock: $150,000
Equipment: $25,000
Annual Turnover: $1,568,580
Net Profit Margin: 23.2%
Return Of Investment: 1.6 year(s)
More Business

Enquiry

Confidentiality Agreement for the Business Between GBE (Global Business Exchange) and * (Interested Party) this must be an individual’s name, NOT a company name

In consideration of Global Business Exchange (being any or all of -, Redfin Partners Pty Ltd entering into discussions relating to the possible acquisition of the assets of any business(es) presented to me by Global Business Exchange and specifically the Listing currently being enquired. I/We hereby agree and undertake as follows:

To treat as totally confidential the identity of the business (es) disclosed to me and any details as to its operation or financial accounts;

Not to disclose the identity or any details of the operation or financial accounts to any third party (except my accountant or legal advisor whoshall agree to respect this requirement for confidentiality) unless expressly authorised in writing by the Vendor or by Global Business Exchange;

Not to make an approach to the Vendor of any business disclosed to me by Global Business Exchange, or the business’ staff, customers or suppliers without prior arrangement with Global Business Exchange and to refer all queries through Global Business Exchange;

We acknowledge that Global Business Exchange is the introducing agent, and that all offers and deposits for the business, shares or property will be conducted through that office.

If, I as a potential buyer breach clause 4 of this agreement and buy directly or indirectly this business from the Vendor of the business quoted then I the buyer will be responsible for any loss of commission due to -, Redfin Partners Pty Ltd as the case may be;

If, I as a potential buyer breach clause 1, 2 or 3 of this agreement I undertake to indemnify Global Business Exchange against any actions, proceedings, costs, claims, demands or liabilities which you may suffer in consequence of that breach.

That all information is received for no other purpose than the evaluation of the investment potential of the business;

If I decide not to proceed with the investment, I agree to immediately return to Global Business Exchange all written information supplied by it and retain no copies and to delete any electronic records including all emails and attachments relating to the business(es);

Acceptance by Electronic Mail: Execution of this Agreement and transmission between the parties by electronic signature and email response each to the other or their representative will constitute offer and acceptance and satisfy the requirements of Section 5 of the Electronic Transactions Act 2002.

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