This well-established cabinetmaking manufacturing business, located in Craiglie just outside Port Douglas, QLD, has been a trusted name for over 38 years. Specializing in the manufacture, delivery, and installation of kitchens, vanities, laundry cabinets, and more, this business serves both regular builders and the renovation market.
Key Highlights:
- Prime Location: Situated in the industrial area of Craiglie with a showroom in Cairns, offering excellent visibility and accessibility.
- Flexible Lease Terms: The current owner offers flexible lease terms, including the option to purchase the freehold.
- Investment: The return on Investment at the Sale price of $1,950,000.00 is 25%.
- Experienced Team: The business employs 24 skilled staff members, including cabinetmakers, sales professionals, and installers.
- Strong Financials: Sales have grown from $3.5M to $5M over the last five years, with stable operations at the $5M mark.
- Expansion Potential: Opportunities for growth by expanding into manufacturing wardrobe doors.
- Owner's Role: The business is managed by a Sales Manager and Factory Manager, with minimal involvement from the owner.
- Retirement Sale: The owners are ready to retire and are offering a smooth transition period for the buyer.
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