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New Home Kitchen Manufacturer

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New Home Kitchen Manufacturer

Independent Business Melbourne 3000, VIC $780,000 +SAV
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This is a profitable, mature, medium-sized joinery business based in Melbourne, which manufactures and installs a range of joinery solutions (kitchens, laundries, vanities, wardrobes, commercial fitouts) to customers (mainly builders) across Victoria.

Following five years of strong growth and development, the current owner is keen to plan for retirement, but willing and available to support the next owner with a generous post-settlement assistance period, to generate a solid return on investment or to take the business to the next level.

• Primarily Business-to-Business (B2B) customer base (home builders).

• Impressive year-on-year sales revenue growth, with strong double digit growth over past 3 years and sales hitting an all time high in FY2020.

• Recently commenced supply for three new sites for largest current customer representing some 600 forward orders valued at up to $6m in sales revenue over the next two years (subject to change).

•Full Management Structure in place.

•Strong internal systems and processes in place, including Microvellum software – an Autocad-based cabinet-making solution.

This business would be an ideal bolt-on acquisition for an existing cabinet making business, but could also suit a non industry experienced purchaser.

Asking Price: $780,000 + Stock at Value (SAV)

Further information can be provided to suitable parties on completion of a confidentiality agreement and discussion.

*Images displayed are illustrative only and not images of the business itself or business equipment.

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