Freehold Joinery/Staircase Business Newcastle
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Freehold Joinery/Staircase Business Newcastle

Price: Price: $3,250,000 + Stock

Freehold Joinery/Staircase Business Newcastle

Key Sale Highlights

  • EOFY2025 Revenue $2,100,000
  • Adjusted Net Profit EOFY2025 of $125,000 to owner after remuneration
  • Established family business for over 25 years
  • Freehold property is $2,800,000 of the asking price
  • The business is $450,000 of the asking price including $260,000 of assets
Shane Fox

Proudly listed by Shane Fox

Broker Firm

Business Overview

This business has been freshly priced off the back of a slight dip in the 2024 financial year and a buyer will therefore do well. Previous years have been much stronger and this YTD has also rebounded. An exceptional business with market leading reputation, reviews and credibility from suppliers, and customers. This business has a solid team of 14 staff that are all qualified, multi skilled and enjoying their work. This business has a depth of customers from builders, contractors and architects which ensures the work in progress pipeline is always strong and keeping the business cash flow positive. The systems and database keep all work flows tracked and monitored to ensure a great experience for customers. Whilst they specialise in timber internal and external staircases, handrails and balustrades they also have access to steel fabricators when required. Around 85% of the work is supply and install and 15% flat pack supply only. KEY FEATURES/ SALE HIGHLIGHTS INCLUDE: • EOFY2025 Revenue of $2,100,000 • Adjusted Net Profit EOFY2025 of $125,000 after remuneration • Established family business for over 25 years • Freehold property is $2,800,000 of the asking price • The business is $450,000 of the asking price including $260,000 of assets If you are interested in finding out more about this quality opportunity, please email the exclusive selling agents info@merchantbrokers.com.au or call the managing business broker Shane Fox on 0415 407 777.

Sign Confidentiality Deed

Broker Firm

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Confidentiality Deed Poll *

BACKGROUND

A. The undersigned is desirous of obtaining the Promising Information from the Prospected Business Owner.

B. The Prospected Business Owner will provide the Confidential Information to the undersigned on the terms of this deed.

C. The Prospected Business Owner has required the undersigned to execute this deed when the Prospected Business Owner will provide Confidential Information to the undersigned, prior to the Prospected Business Owner providing Confidential Information to the undersigned.

TERMS AND CONDITIONS

The undersigned agrees as follows:

  1. That the Prospected Business Owner is the sole owner of such Information, and such rights, therein as are now owned or hereafter develop or are acquired by the Prospected Business Owner in connection with the Proposal Transaction and all Confidential Information derived to the undersigned.
  2. That by receipt of such Information, by the undersigned from the Prospected Business Owner, the undersigned acquires no proprietary interest in the Information (and where the term "Information" is used in these conditions, it means the information not already in possession of the public).
  3. That all such Information received by the undersigned from the Prospected Business Owner or from others who advise the Prospected Business Owner, both written and verbal, furnished to the undersigned by the Prospected Business Owner, is by its nature and is considered Confidential Information, and further will be provided in confidence and is to be held by the undersigned and used by the undersigned only at such time that the undersigned is considering the Proposed Transaction.

In the event that, unless the contract becomes effective, the Information is herein, confidential information, then all such Information and the terms of this Deed are subject to the confidentiality provisions of such contract, and

  • Will use the Information exclusively for the purpose of evaluating the Proposed Transaction, or if pertaining to the other party of the relationship of the Prospected Business Owner with the undersigned, only through the process of evaluating the Proposed Transaction or at present for the world doing contract1.
  • In written form is WRITTEN/SIGNED/SENT electronically if Vendor & SIGNED BY the undersigned clause C/P:

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