$875,000 + SAV ($50,000 approx.)
With over 50 years of operation, this long-standing South Australian cabinetry and joinery operation is based in Adelaide's northern suburbs and has been under the same ownership since 2001.
Operating from a substantial, purpose-built freehold site, the business features a large factory equipped with modern manufacturing machinery to support full in-house production. The service offering includes the manufacture and installation of kitchens, laundries, vanities, and both sliding and hinged wardrobes, catering to a diverse mix of residential renovators and builders.
Notably, the business operates under a model that does not require a builder’s licence, offering significant operational flexibility. It is a highly profitable enterprise with a strong reputation, supported by a dedicated team of 12 staff. The current owners maintain a balanced lifestyle, contributing approximately 30 hours per week combined
Tony Iasiello 0412 217 608
| Goodwill including Plant & Equipment | $875,000 |
|---|---|
| Stock at valuation (approx) | $50,000 |
| $925,000 |