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Business ID BS141850

Supply and Installer of External Shades and Awnings Business For Sale - Sydney

Revenue Circa $600K pa - Asking $91,000 plus SAV

The business was established in 1953 as a canvas goods and awning manufacturer. The existing owners purchased the business in 2012 and changed to supplying retail only external blinds and awnings, ceasing to supply the original canvas products. They are the third owners of the business since it was started.
 
By way of background in 2013 manufacturing of the awnings was outsourced and a new range of external blinds was introduced.
 
The business has a manager that visits home and business to measure up and offer free advice on the best shade solution. Once the client has chosen their preferred style and colours to suit their decor, the business then custom-make the blind or awning using quality materials in their modern factory to suit their exact specifications and ensure a perfect fit. 
 
  • Est over 65 years ago
  • Great Location
  • Sales in the region of $600K pa
  • Gross margins circa 46-48%
  • Reasonable Rent
  • Well-structured and systemized business
  • Very clean set of Financials
  • Favorable terms from suppliers 
The owners are naturally wanting to assist an incoming owner with a smooth and seamless transition. The business is well systemized with well documented procedures in place and key staff have extensive knowledge in the industry to support a new owner in the transition. 
 
A suitable handover and training period would be subject to negotiation at the time of an offer.
 
The business has endless opportunities for expansion. At present there is very little effort in marketing their products to Commercial Property Operators, Commercial Builders and Shop Fitters. The business could also benefit from modernizing the showroom and reviewing their mode of operation. Being run under management a new owner being more involved in the day to day operation will have opportunity to make substantial changes to improve overall profitability. 

Asking Price: $91,000 plus SAV

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Business Sale Price:
$91,000 + SAV
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