Kitchen & Furniture Manufacturer - VENDOR FINANCE AVAILABLE $$$

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This very modern joinery business is situated at Macksville, on the Mid North Coast of NSW. The Mid North Coast is the fastest growing region in NSW. The Mid North Coast population grew by an astounding 12% in calendar year 2010. Macksville itself is on the broad Nambucca river, ten minutes drive from some of Australia?s best surfing beaches. The factory?s fastidious owner has recently spent some $250,000 on state of the art equipment, including a 7 meter Full Downdraft Spray Booth. Unfortunately ill health has forced the him to place his life?s dream on the market.
In spite of the GFC there is no shortage of joinery work, but health problems have forced the owner to slow down in recent months, meaning the current work backlog now exceeds a six figure value. A multi skilled and mature apprentice, who has carried out his entire apprenticeship with the company, is keen to remain on. The owner himself is prepared to work in a part time sales capacity. The asking price is less than the value of the equipment. Liberal vendor finance is available to an approved purchaser on as little as $50,000 deposit.