Kitchen Joinery and Stone Benchtop Business

Industry: Professional - Brokerage, Professional - Property/Real Estate, Professional - Brokerage, Professional - Property/Real Estate | Listed by: Business Brokers Network Australia


Key Strengths:


About the business

Opportunity to purchase a fully equipped Joinery and stone benchtop Business located on the central coast just minutes off the M1.

This business has been in operation for over 15 years and combines custom joinery and stone masonry under 1 roof.
The business has targeted the renovation and home improvement sector and comes with an extensive retail showroom.

The factory is over 600sqm and has segregated cutting, assembly and stone cutting areas. They use the latest design software which links to the CNC cutting machines and fully computerized stone cutting machine. It even has a crane to move and place the stone.
The impact of covid on this years turnover has prompted the owner to call it quits. An existing joinery business or a new enthusiastic owner could take this business to the next level.

Asking Price of only $235,000 which means it will not last long.


For an Information Memorandum, click here to complete the confidentiality agreement - https://forms.gle/yVmNgDAAQhv5fZnz7
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Asking Price:
$235,000
Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

2259

Locality

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Established on

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Revenue

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No. of employees

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Lease period

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Advertiser Details
Thinking of buying this business?

Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. So before you make that offer, there’s a few things you should consider to determine whether or not this business is right for you. In a nutshell these include:

  • Ensure the seller is 100% verified by us
  • Can you afford it? Do you need financing to assist with the purchase?
  • Have you done enough research - industry analysis, competitors, revenue and so on
  • Ask the seller some questions - reasons behind the sale, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified etc
  • Make sure it’s the right business for you!

In a nutshell, a business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met. Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private.

Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.

Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. Once satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. Here you can also invite any advisors, brokers or lawyers you may have to help make the deal happen. You can even enlist Eden’s personal network of buying professionals to assist you with the entire buying process.

From start to finish, the entire business transaction can be done through the Eden Exchange platform.

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