Manufacturing, Wholesale, Retail of Pool Tables & Custom-Built Furniture. Est. 35 years! Various income streams. Australian Made! - Exclusive Listing.
Description:
A rare opportunity to secure this unique well-established profitable business that has been run by the same owner for 35 years!
Reputation for the best quality Australian Made coin operated ($1 & $2 excellent cash flow) or electronic payment system Pool Tables. Also, a supplier of Juke Boxes, Chocolate and other Amusement Machines to Pubs, Clubs and other Venues with over 30 regular sites.
Two main income streams - 1. Manufacture, supply and sale of pool tables to both commercial venues and retail to the public. 2. Manufacture of custom furniture to retail shops.
Pool Tables are supplied on either a rental or profit-sharing basis. Owner spends only 2 days on the road servicing and collecting money!
Fully equipped factory with plenty of plant and equipment. Run by owner and experience staff. All suppliers and systems in place plus owner will stay back and provide training if needed. Factory can be easily relocated anywhere as primarily a wholesale business.
Financials for 2024 showing a nett profit after all expenses to owner of over $107,000.00 with plant equipment and pool tables (out on rental at venues) worth at least $200,000.00.
Broker's comments:
First time offered for sale in 35 years - Genuine sale as owner is in his 70's and wants to retire! May also suit a cabinet maker or anyone who is handy & loves to work with timber.
Price: $450,000 + SAV (Factory Timber Stock Only). All other plant, equipment, pool tables out at venues will be included in the sale price (Value approx. $200,000.00).
Code: 303742
Disclaimer: Interbiz Business Brokers recommends that any decisions made on the basis of this listing's content and projections should be made only after validating the conclusions set out here with an Accountant, Financial Planner or a qualified Tax Advisor, and on the basis of commercial judgement. Interbiz Business Brokers is in no way responsible for the accuracy of the information or projections contained herein and is in no way liable for any loss or damage arising from decisions made on the basis of this advertisement.
