Bespoke Joinery Manufacturing Business for Sale Queenstown
Bespoke Joinery Manufacturer - profitable design build and installation of solid wood furniture for residential and commercial markets.
Why buy this Bespoke Joinery Manufacturing Business
Bespoke Joinery Manufacturing Business for Sale Queenstown
For sale as a debt free going concern.
Locally owned and operated profitable brand leader in design, build and installation of bespoke solid timber furniture for residential and commercial markets. Use of Melamine, Veneer ply as required.
Growth opportunities are significant for at least the next 10 years or more with limited competition, population growth, housing shortages, accommodation shortages, and growth of tourism accommodation, hospitality, and activities. See QLDC 10-year plans.
The business offering is unique in the local area, and operates Mon Fri, current owners have operated it for last 14 years and now looking for a new lease of life.
The product range includes kitchen, bathroom, entertainment, stairs, tables, wall paneling, retail and commercial fit-outs, refurbishment work.
- Asking Price - The asking price is now $300,000 plus SAV, plus GST ( if any) - (BDO Valuation is close to $500,000)
- Going Concern -The business is for sale as a going concern and with out any debt
- Remaining profitable -The business is remaining profitable ( P and L for the year, to end of October available)
- Forward Bookings - Forward bookings to Xmas are strong
- Major Project - A major potential project, with up to $1 million due to start in the new year
- Buoyant local Market - The QLDC Long term Plan identifies major Housing, Retail and Commercial development over the next decade
Key opportunities include expanding customer base, improve productivity, increase margins, product development, new products, urgent smaller jobs requiring technical and/or specialist product/process.
Asking price: $300,000 +SAV + GST if any
Email Robin Martin for further information (Accounts, assets list, MOI)
Business Resources
8 staff including owner on the tools, plus Sales Development and outsourced Admin, Accounting, Legal and Human Resources.
All key assets are in good order (see separate list for all production assets).
Lease agreement 8 years to run.
Approx $50k stock (Paint, stain, timber, hardware etc).
The current owner happy to stay on as a skilled Joiner.