SOLD! Construction Industry – Timber Paint and Stain Services – Central Coast, NSW

Established for over 5 years this niche business provides paint and stain finishes for panels produced by kitchen and cabinet manufacturers across the Central Coast, Lake Macquarie and Newcastle areas.

The purposely fitted premises can accommodate additional growth in the business and there is scope in the region to achieve this.

• Repeat Buyers
• 88% Gross Margin
• Low stock holding ($5-10K)
• Weekly revenue around $8K per week and growing
• No marketing done to date
• Experienced staff in place
• No trades qualified staff required
• Premises have gas heated & ventilated spray booth
• Approx $75K of equipment assets included

The experienced staff employed in the business can work without direct supervision leaving a new owner to focus on business development and quality control.

Individual jobs are quite large resulting in the business invoicing only 1 or 2 jobs per day and as a result the administration overhead is very small.

There is genuine scope for further business development by an owner interested in this role.

The current owner has other business interests in the industry and as a result this will continue to bring work to this operation. Due to the demands of the other business and with the owner having a very young family, a reluctant decision has been made to sell the business to free up some of his time.

The Assets and Goodwill of the business are available for $199,000 plus SAV.