www.nzbizbuysell.co.nz/118347
Ad ID: 118347 Inactive

Joinery Business for Sale Christchurch

Joinery; Quality Product; Qualified Staff

Location:
Asking:
$2,995,000

Why buy this Joinery Business

Joinery Business for Sale Christchurch

This is an opportunity to take over an established profitable and proven business, with an extremely credible history and a reputation for bespoke excellence in both product and installation. The business services Christchurch customers, and also specific markets and clients in the Central Otago region. With a good mix of new builds and renovations, the business delivers a core workload of kitchens and cabinetry along with bathrooms, wardrobes etc.

Annual sales are around $6m + GST per annum, and the business has $2.8m of confirmed forward work and continuing enquiries through very strong relationships with clients, builders, developers and designers & architects. The owner has not been “on the tools” for many years.

Key Attributes

• Multiple award winning Master Joinery with excellent brand equity

• Good range of clients with sales very widely spread

• Reasonable cashflow with deposits and progress payments

• Qualified & happy staff; excellent team culture; low staff turnover

• Run their own installation team and trusted contractors

• Excellent P&E, systems and operational software

• Clearly identified opportunities for growth

• Located in Christchurch, but sells SI-wide


Business Resources

Our vendor is looking to slow down and enjoy some “own time” in retirement, albeit all support will be provided for a new owner. Transition will be considerably eased by the key senior staff and good support systems within the business. The new owner will be an experienced business professional, with the ability to maintain relationships with staff, customers & suppliers. Some experience within a design, measure & quote environment and/or a manufacturing background would also be useful.


Sale Price  - $2,995,000

$1.1m EBPITD