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Commercial And Residential Architectural Joinery

Commercial  
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Business Type
Industrial & Manufacturing
Business Heading
Commercial And Residential Architectural Joinery
Suburb / State
Victoria
Description

Latessa Business Sales is pleased to bring to the market a unique opportunity to acquire an established, reputable and profitable commercial and residential architectural joinery specialised in apartments and townhouses.

Established in 1972, this furniture business is a leading manufacturer of commercial joinery products operating in the south of Melbourne. It focuses on large-scale projects working primarily with builders in the construction of apartments and townhouses. The company is responsible for the manufacture, assembly and installation of kitchens, bathroom vanities, shaving cabinets, open shelving, walk-in pantries, linen cupboards, study desks, entertainment units, walk-in and standard sliding robes and more. It can manufacture a range of products from basic white laminate products to high-end veneer and bespoke 2PAC cabinetry.

Through the years, the business has positioned itself as a premium provider of joinery products offering customers a superior experience and project capability. This has been achieved by:

1. Cultivating long-lasting relationships with builders through transparent

communication.

2. Nurturing several experienced and accredited employees, all of whom are

kept updated through induction and training.

3. Offering greater transparency through an itemised quoting system.

4. Providing on-time, on-budget project delivery and keeping pace with shifting

client demands to prevent project overruns.

These strategies have ensured the long-term success of the business resulting in ongoing contracts with builders, a steady flow of projects and reduced employee turnover. It has also resulted in the business having several experienced employees with the competencies to meet customer expectations. Further, the provision of premium products and services has differentiated the business, giving it a competitive advantage over its competitors. The result: a business with a well-regarded reputation for quality and trust.

This reputation is underpinned by a strong financial performance, with a maturing revenue.

The business has reconfigured its operations for maximum output and efficiency using a small but agile team, which in turn has improved profitability. It has also implemented several comprehensive policies, procedures and systems enabling the business to be operated optimally.

The Business  has a team of committed and highly-skilled employees including four Project Managers. The owners have structured the workflow and identified the necessary skill sets, and where appropriate, upskilled the team to ensure a cross-functional team that can perform a variety of roles.

As it relates to marketing, the business has marketed its services primarily through its website as well as via its Instagram page which has 2,200 followers. The page is updated regularly showcasing current and past projects to create brand awareness.

The owners envisioned the success of the business by providing excellence in customer service through efficiency and professionalism, guiding customers through the entirety of the process. This strategy has propelled the business and earned it a solid reputation in the industry and a consistent client base.

Overall, this sale provides an excellent opportunity to acquire an established business with efficient systems and processes, excellent relationships with suppliers and clients and superior financial performance.

Ample opportunities exist to further build the business’ online footprint. One of the ways this can be achieved is by implementing a marketing and promotional strategy with a view to driving brand awareness and sales.

It is also worth noting that according to IBISWorld the Carpentry and Joinery Timber Manufacturing industry is projected to grow over the next five years, supported by growth in dwelling commencements and increased spending on home renovations. Industry revenue is forecast to increase at an annualised 3.9% over the five years through 2024-25, to reach $3.4 billion.

 

Price on Application.

For further Information contact Tony Latessa 0432525151

Price
P.O.A.
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