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Commercial - Retail Fit outs - Building - South Sydney - (Code: W1986)

Fit out construction - Retail - Residential and Commercial - South Sydney

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Price: $800,000






Weekly Takings (inc GST) $100,000
Cost of Goods $25,000
Gross Profit $75,000
Rent $2,407
Wages $60,000
Outgoings $524
Telephone $
Insurance $1,169
Electricity $230
Gas $
Misc 1 $288
Misc 2 $
Total Expenses $64,618
Net Profit $10,382
Coffee Kilos P/W 0.0

Estimated Stock

$200,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
<p>Sydney's leading firm in fit-out construction. Operating from its advanced facility it brings innovative design and expert craftsmanship. This company specialises in transforming retail, hospitality and residential spaces into captivating environments. Their commitment to excellence and motivation is greatly appreciated by their clients. Team of professionals utilises cutting-edge tools and technology to deliver outstanding results. This business designs and builds, continuously having plenty of jobs from both industries as per its reputation. - </p><p>Very well known interior, shop fitting company for 35 yrs (since 1994) and includes many machines for products ( joinery machine, cabinets machine, building components etc.) - Busy time August - December - Low season January - February, from March it gets busier.</p>

Potential
Services currently provided include project management, construction, shop fitting, in-house paint shop, lighting, in-house electrician, joinery, basement design & construction.

Features
Long history.- Good reputation - Google rating 5.0- Builds or fits out 50-100 shops per year.

Premises
This factory has an area of 1000 sq.mts. (200 sq.mts. inside and 800 sq.mts. out side yard)

Location
Currently situated in an industrial area in South Sydney.

Trading Hours
6 days - Monday to Saturday: 9:00 am to 6:00 pm

Lease
Current lease expires July 2030 - 3 months bond - rent increases by 4% per year.

Employees
2 owners (Management ) + 5 full timers + 20 casuals

Comments

Shop fittings (design & construction) - cabinet making - joinery- manufacturing - yearly sales $5,000,000. - Actual net profit approx. $3,000,000 per year. - Misc.-1. - Council rates, Land tax $288/week. - Upstairs 400 sq.mts -2 meeting rooms, (1small office + 1 big office), Downstairs factory, designer office + Managing Director office.

3 vans included to business price.



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SBXW1986

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