Price reduced Kitchen painting business on the Coffs coast

Coffs Harbour NSW
Asking Price $99,000

"Statewide 2 pack" Spraypainting business 2 pack Kitchen , furniture , Glass , easy to run , profitable , situated in Coffs Harbour on the mid north coast.

I have run this business for over 20 years and in the process have built a large return customer base that has a gross turnover of around 180k for the Kitchens and furniture  . 

At the moment I have 1 full time employee and 3 casual that have been able to complete the Kitchens , I rarely touch the tools for them as I have another sideline with custom motorcycle painting , this is what I wish to downsize to in the selling of the Furniture side.

The factory will come with a long lease (my factory) so no fear of losing it ,

It has 255m2 floor space with large mezzanine  and 493m2 overall with parking and grounds.

Street frontage in the sought after industrial estate of Lawson Crescent\ Orlando st .

Easy truck access to side rollerdoor

16kw solar array with 3 phase inverter that has produced savings of 8k plus yearly , reducing bills to a minimum.

The business will be WIWO incuding all necessary equipment for the kitchen painting  including

*3 spray booths

*paint mixing booth

* large screw compressor

* sanding equipment with dust extraction

*gun wash machine

* small booth for spray out and gun cleaning

*polish cart with all equipment and materials for polishing 

* multiple racks for storage of drying paints (in dedicated storage area)

* mobile tables 

* racks for jobs pending and curtained area for finished products

*multiple sprayguns 

*Large evaperative fan for  the summer

*other assorted tools needed that are too numerous to mention.

Pandemic proof , the business ran uninterupted and to the contrary became almost too busy .

The sale price reflects the similar cost it would take to set up another factory with equipment suitable for this type of painting and on par with the yearly turnover you would enjoy instantly with this walk in walk out sale if you decided to keep it the same or chose to build on the solid foundation .

I would be willing to stay on in a casual basis for a couple of weeks and offer training and insites into our customers requirements. this would have to be negotiated.

The price is also based on the need for an exit period , to allow for  removal of the motorcycle painting equipment (and 20 years of accumulation)and allow time to setup in other premises , this will also allow the uninterupted flow of kitchen painting so not to upset any customers and make the WIWO as clean as possible , its in my interest for you to succeed .

I will only entertain selling to a motivated and quality conscious buyer as I would like to see the business thrive into the future.

Reason for sale summary

I have been here for 20 years and originally set up so I could be my own boss to give me the flexibility I wanted to grow my new family with the ability to attend all my childrens special moments in life .

Also to provide them with a job if needed , this has worked well as my son worked with me for a year till he found an apprenticeship in his chosen field . My daughter is currently in my employ whilst she is studying and conducting a traineeship for vet nursing .

This leaves me the opportunity to have a mid to latter life crisis and to free up my time for some travel and to lighten my work load.

Please dont hesitate to ask any other questions.

Regards Ken Finn



Contact this seller
Client No: M521630296 Seller prefers initial contact via email Private sale, no contact by agents or marketers please.
Contact this seller
Client No: M521630296 Seller prefers initial contact via email Private sale, no contact by agents or marketers please.