Listing Id: 33944
Last Refreshed: 07/11/2024
Total Views: 270
Broker Ref: 22578
(Expired)Cabinet & Joinery Flat Pack manufacturers. Business and Freehold.
Southeast Area, MelbourneManufacturing
Asking Price: $1,335,000
Business For Takeover
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Description
Huge opportunity to obtain the Freehold & Business with extensive - State of the Art equipment on Vendors terms !!!
Established for 22 years with a loyal clientele, that specialise in bespoke kitchen & joinery builds supplying architects, interior designers, high end builders and private clients alike.
Lifestyle Designs also supply pre-assembled cabinetry to Cabinet makers and builders, who INSTALL their own jobs.
Repeat clientele and 100% word of mouth comes from supplying a great product with great service.
Currently 2 staff in the workshop than can produce a " Kitchen a day" to flatpack, using very efficient systems.
The workshop has a lot of equipment, including a 6 metre Flatbed CNC with Cabinet Vision Software capable of much more production.
This has huge further growth potential.
The Vendor will stay on to help the incoming purchaser with a smooth hand-over, in which terms can be negotiated.
The business is easy to run, and a very efficient business ready for a new Vendor to take this business to new levels.
Vendor finance requires the full amount for the business of $150,000 plus Stock paid in full, and a 10% deposit on the freehold of $110,000.
$270,000 plus stock, and you are in !!
Equipment alone could cost up to $500,000 to replace ! The value on buying this business is exceptional.
The balance of the freehold on Vendors terms. This is a great opportunity to secure the freehold for long term security.
The block is big enough at 3,333m2, and a house can also be built at the back of the property if you choose. STCA. !!
You will enjoy an onsite inspection to appreciate the set -up and the large size of the shed and land, and learn of the business model with the Vendor.
Quote BSV 0970 and call Michael NOW , on - 0400 645 133. Or submit an enquiry.