Price Reduced to $450,000 WIWO !
This family owned and operated business was established in December 1975 and has achieved continued expansion and growth ever since, delivering custom cabinetry to Toowoomba and surrounding areas.
The business specialises in high end kitchens, bathroom renovations, wardrobes, tv units, laundry cupboards and outdoor bbq units whilst priding itself on having a loyal customer base and dedicated employees, with modern technology and machinery.
With a plant & equipment value of $274,300 and most recent available financial statements showing an adjusted net profit of $332,330 for July 2021 to March 2022 the business offers excellent value at $450,000 'Walk In Walk Out'.
A new lease is available to the incoming owners or alternatively the freehold is available for purchase.
It is with deep regret the owners are now selling their pride and joy due to failing health, representing an exceptional opportunity for an incoming owner to build on the already established foundations built over the last 46 years of trading.
Note: This business requires access to a relevant QBCC license.
Enquire now to discover more about this opportunity.
Business Broker: Justin Reisinger
Mobile: +61 422 846 310
LINK Business Brokers Brisbane
7/63 Annerley Rd, Woolloongabba QLD 4102
Ph: (07) 3831 2300
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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