Commercial Joinery Business – Melbourne

Melbourne VIC
Asking Price $3,250,000
About
Business ID: BS155277

Commercial and architectural joinery, wall panelling, kitchen vanities, and wardrobes. FY23 Income $12.7M, Adjusted EBITDA $1.6M

The business is a commercial joinery manufacturer and installation business operating from a fully equipped factory producing a wide range of joinery for corporate, educational, retail, construction, and government organisations across Australia (and, occasionally, internationally). The business primarily produces commercial and architectural joinery, wall paneling, kitchens, vanities, and wardrobes.

The business is somewhat reliant on the day-to-day involvement of the two owners in their roles of Estimator and Project Manager, however, the current owners are committed to ensuring a smooth transition of the business to a new owner.

   -  Business has a strong reputation within the industry

   -  Excellent relationships in place with all customers which will lead to opportunities for years to come

   -  Geographically flexible business with a superbly established base strategically located near high-demand areas

   -  Extremely strong profits and cash flow

The business operates in the commercial construction space where there is a huge investment being made at present and will continue to be for the foreseeable future. There are multiple growth opportunities to continue the strong growth of the business, and compelling reasons as to why a buyer should consider purchasing such a well-established business.

Asking Price: $3,250,000 is being sought from the market for the sale of the business as a going concern. If the sale is done as a share sale, the agreed price is on a cash-free debt-free basis with any cash at bank, debtors, creditors, etc adjusted for over and above the agreed price.

Property Code: 3682
        
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