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Renovation and building company for sale – North Sydney
Renovation and building company for sale – North Shore Sydney
Under management – vendor finance is available & vendor is willing to stay on as manager
T/O $4,200,000 (2020 FY)
Profit $400,000 (2020FY)
Price $1,799,000
Established 25 years ago this business has built an enviable reputation and client base on the Sydney's North Shore, Northern Beaches, Sydney City & Eastern Suburbs.
Growth in turnover every year since inception.
High quality work and loyal clientele speak volumes about the high standards of this business which is rare in this industry.
Specialising in bathroom renovations, all types of wall and floor tiling, extension, renovations and new kitchens.
The client base is very well diversified and includes architects, designers, and a variety of domestic clients.
There are currently signed agreements worth approximately $2,000,000 to be delivered in the next 2 years and more work coming in.
The vendor is happy to help with the transition and introduction to all clients.
The vendor is also happy to stay on and manage the business on behalf of the new owners at market-related wages.
For more information call Rad Benicky on 0411 610... (click to show) or in business hours 02 9413... (click to show)
Price Suffix abbreviations
Negotiable - Price can be negotiated
W.I.W.O - Walk in Walk Out(Buyer walks in, Vendor walks out)
O.N.O. - Or Near Offer
E.O.I. - Expressions of Interest
Freehold - The property in which the business is situated is owned outright. No rental.
Leasehold - The property is occupied on a rental basis, under a lease. Terms of the lease vary, commonly "3x3"(3 years with a 3 year option), "5x5x5",etc.Note:Rent $...PCM = Per Calendar Month
+ S.A.V. - Stock At Value
+ G.S.T. - G.S.T. is to be paid by buyer
+ Equipment - Equipment to be included in final price
+ Fixtures & Fittings - Items like security systems, lighting, signage,menu boards,etc. are not included in the sale price.
+ Plant - Plant not included in the sale price.
+ Vehicle - Vehicle price to be added to final price
All Inclusive - Everything associated with business included
Stock Included - Stock business holds included in final price
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