If you have been looking for a systemised, established, and successful business that just about anyone can run, then circle this.
Regency Knights window fashions, services the Canberra and surrounding area for all their internal and external window coverings. The name Regency Knights has become synonymous in the Region for delivering the highest quality of product and service available to Canberra homeowners. Currently holding over 10% of forecast total market share, there is plenty of room to further build and grow on the foundations of this successful business.
Five reasons this should be your next business investment.
We are looking for offers above $950 000 plus Work in Progress (WIP). The current owners will consider vendor finance on the WIP component of the sale to the right buyer.
Work in Progress means: Work where part payment has been made or a deposit received, but all the work still needs to be completed or invoiced.
For expressions of interest, please email your full name and mobile, expressing your interest.
Reporting Period | 2023 | Weekly Average | 2022 | Weekly Average | 2021 | Weekly Average |
---|---|---|---|---|---|---|
Sales | $3,411,277.00 | $65,601.48 | $3,322,942.00 | $63,902.73 | $3,635,767.00 | $69,918.60 |
PEBITDA | $351,592.00 | $6,761.38 | $561,555.00 | $10,799.13 | $320,743.00 | $6,168.13 |
Rent | $101,800.00 | $1,957.69 | $92,150.00 | $1,772.12 | $95,055.00 | $1,827.98 |
Owners Wages | $85,000.00 | $1,634.62 | $78,462.00 | $1,508.88 | $85,000.00 | $1,634.62 |
Proposed lease terms for the new owner in Unit 1 (Showroom), Unit 2 (Staffroom & Sales Team) and Unit 7 (Storeroom):
• Commencement Date: TBA
• Termination Date: As per lease commencement date
• Term: 10 years
• Option: 5 years
• Bank guarantee: An amount equal to 3 months’ annual rent, being $29,500.00 plus GST as at the Commencement Date
• Base rent: $118,000.00 per annum plus GST
• Base monthly rent: $9,833.33 plus GST
• Rent reviews: 4% increase per annum
• Public liability insurance: $20 million
• Total square meters: Unit 1 is approx. 240 SQM / Unit 2 is approx. 100 SQM / Unit 7 is approx. 285 SQM.
Sale Status : Sold
Sale Method : Private Treaty
Investment Amount : $950,000+
Stock at Value : $0.00
Finance Options :
0400 446 605