Curtain & Soft Furnishings Manufacturer & Wholesaler

$280,000 + SAV ($40,000 approx.)

Web ID: M5098

Business Description

At a Glance

  • Manufactures curtains, pelmets and soft furnishings
  • Sells to both the commercial and domestic market.
  • Also sells a range of blinds and shutters.
  • Well respected in the industry

The business manufactures curtains, pelmets, soft furnishings such as cushions as well as bedspreads for both the commercial and domestic market. They also sell a range of blinds and shutters. Much of their work is wholesaled to retailers working in the field, but the business is involved in limited retail sales as well.

The business is extremely well respected in the industry and has developed its own brand by producing high quality products that are made to measure. The business has been operating for almost 30 years and the current vendors have owned the business since 1993. The business has one full time vendor (his wife is also involved, working approx. 10 hours per week from home). Both vendors are only involved in sales and administration. They also employ 4 casual staff who work variable hours and are all experienced within the industry.

 

Simon Winter 0419 828 689


Extended Price Information

Goodwill $278,000
Plant & Equipment $2,000
Stock at valuation (approx) $40,000
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$320,000


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Staff Summary

The business employs 4 casual staff with one vendor working in the business full time and the other working minimal hours from home. Everybody working within the business has variable hours and the business operates Monday to Friday.

Lease Summary

Current Rent $5,000 per month + GST
Lease Term 5 years
Lease Commencement Date of Settlement
Right of Renewal 1 x 5 years
Outgoings Paid by tenant
Adjustments CPI annually and to market at renewal
Current Rent
The property is owned by the vendors and a lease will be offered to the purchaser on the above terms.

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