2x Franchises – Kitchen & Bathroom Renovations Business for sale

2x Franchises – Kitchen & Bathroom Renovations Business for sale

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Preview Listing
Preview Listing
Preview Listing

Location Details :

Country

Australia

State

New South Wales

City

Sydney


Industry :
Services
Sub Industry :
Garden/Household

2x Franchises – Kitchen & Bathroom Renovations Business for sale

Established in 2016 – over 6 jobs are installed per week on average with 60 jobs pending

Revenue: $3,800,000 – 2024 FY

Profit: $700,000 – 2024 FY

Price: $2,999,000 negotiable + stock

Stock: $5,000

There is around $720k in pending jobs at any one time.

Currently this business is run under semi management with the vendor working only 2 hours per week on average. This business is largely autonomous and managed by amazing team of management and staff.

This is a multi-year award winning and number 1 FLAGSHIP franchise in Australia, servicing South Sydney and the Illawarra regions.

10 highly motivated, autonomous and hard working loyal staff are in place who have been with the business between 6-9 years.

This is a unique renovations business that has a core business concept in mid-market and therefore is busy during all real estate market conditions and activity.

Sydney's population is continuing to increase and indeed more dwellings are switching ownership and rental turnover, this business thrives in all real estate markets going up or down and is mostly recession proof.

Main focus of this business is the sales and customer service of renovation & installation of kitchens and home joinery.

There is a significant moat around this business and also the advertising and marketing strategy has been finely tuned to manage new enquiries which are then predictably converted into sales.

Excellent opportunities still exist to keep expanding and growing this business within the same geographic territories by focusing on the core business and leveraging the very high good will and reputation that has been developed over many years. Or alternatively, maintaining same business size and profit – this remains as a very attractive high six figure salary for any new owner.

Referral business is 50%

Accounts are held with top industry manufacturers & suppliers and this business is also approved for warranty work on these products.

Systematised and process driven business model that is simple to run.

A network of franchisee business owners and franchisor are also available for business support, networking opportunities, training and annual conference and awards for recognition.

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Core Business Brokers undertakes the listing, sale, merger and acquisitions of businesses situated in NSW. We do not specialise in any particular industry and indeed have a long history in the sales of many businesses across a very diverse spectrum of industries. We have also been able to assist businesses in identifying acquisition targets and then discreetly approaching those targets in order to achieve a win-win outcome for all parties. Core has a team of 4 brokers who work together in achieving the objectives of our clients.
 
The Core Charter
 
  • To negotiate the best possible result in every transaction for every client.
  • To market every business listed with us with optimum efficiency and speed.
  • To project every client's business and name professionally and with appropriate confidentiality in the market place, and
  • To maintain effective communication with every client throughout the marketing period.
  • To make the name of CORE BUSINESS BROKERS synonymous with integrity and fair dealing.
 
Core Security
 
It is important for clients who list their businesses for sale with us to note that the information that the principals and staff of CORE BUSINESS BROKERS supply to prospective purchasers is that which we have obtained in good faith from them as the vendors. We seek their cooperation in ensuring that all information given to us is accurate and capable of confirmation.
 
At the same time, intending Buyers of businesses listed with us should be aware that while we do all we can to verify information supplied to us by vendors we cannot warrant its accuracy. All interested parties are urged, therefore, to undertake full due diligence investigation before making any commitment to purchase.
 
As information given to us by vendors frequently includes matter that is of a sensitive nature anyone who expresses interest in a listed business will be required to sign a confidentiality agreement before specific data will be released to them.

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$2,999,000

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