Sold

Illustrious Design Company - Excellent Investment

SOLD

-   35-year history with outstanding reputation in the market
-   *2022 Cash Surplus c. $221K and 2023 FY (6 months) $300K plus
-   Easy to manage, with minimal hours required

This opportunity presents a chance take over a very well-established, long standing successful business with an excellent brand name and illustrious history within the design market. Design leaders within their field, the small award-winning team are all qualified professionals requiring little oversight from the owner.

Operating from a beautifully appointed showroom on the North Shore the business is easy to manage with the team of two designers largely taking care of themselves. The administration side of the business is simple and would only require minimal hours per week to manage. There is an excellent pipeline of forward work and current enquiry is strong with a steady workflow.

Requiring only part time hours the operation shows good earnings returning a Cash Surplus for *2022FY of $221K & $229K for 2021FY. The 6-month P&L (Xero report) for this FY is tracking very well with *$1.3M sales and $300K + profit.

A unique offering with ongoing support and a future working relationship with the Vendor provides fantastic assurance to the successful purchaser. The business would be well suited to someone with business or marketing experience. The systems, staff, pipeline, reputation, and ongoing relationship with the Vendor, offers excellent security to a new owner.

Asking Price $220,000 Including Assets (showroom).

*Source: Information supplied by the Business Owner or the Owners Agent(s).

To learn more visit www.barkerbusiness.co.nz/3260, register your details and submit the online Confidentiality Agreement and Alan will be in touch. Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2023.

Details

Region Auckland
Price SOLD
Business ID 3260
Category Industrial/Manufacturing

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