38-Year Cabinetmaking Business with $5M Annual Revenue and Management Team

Description

Business type: cabinetmaking and kitchen manufacturing

Location: Port Douglas and Cairns, Queensland

Established: 1987

Trading history: approximately 38 years

Annual revenue: approximately $5,000,000

Employees: 24, including the owners

Owner involvement: approximately 20 hours per week

Business overview

Established cabinetmaking business specialising in kitchen manufacturing and cabinetry, operating across Port Douglas and Cairns.

Annual revenue: approximately $5 million

Revenue growth over the past 5 years: approximately $1.5 million

Industry reputation: strong

Management structure: established

Products and services

• Kitchen manufacturing
• Custom cabinetry
• Cabinetmaking services

Premises

Port Douglas: factory and showroom

Cairns: showroom

Property options: lease or freehold purchase

Operations

Team size: 24 people, including the owners

Management team: sales managers and production planners

Production staff: experienced cabinetmakers

Day-to-day operations: supported by the management team

Current owner involvement: approximately 20 hours per week

Financial performance

Annual revenue: approximately $5,000,000

Revenue increase over 5 years: approximately $1,500,000

Trading performance: consistent growth

Growth

Business growth: established over the past 5 years

Reason for sale

Owners preparing for retirement.

Transition

Comprehensive business handover: available

Transition support from current owners: provided

Sale

Property arrangements: lease or freehold purchase options available