Joinery and Kitchen Centre Business For Sale
Blenheim New Zealand
If the client can picture it, we can generally make it
The Kitchen Centre is the only dedicated kitchen shop in Blenheim and serves as the retail arm of Park Terrace Joinery.
Park Terrace Joinery specialises in clients wanting more expensive kitchens and is renowned for providing a highly personal service. Each kitchen or benchtop is custom-made using materials that the client has selected. This strata of the market is not well catered for by other kitchen suppliers and is a lucrative focus.
The business also provides hotel, motel and commercial fit-outs. The combination of home and commercial clients means the business always has bookings for at least three month's forward work.
The Kitchen Centre does all of the administration and accounting functions for Park Terrace Joinery. However, the Joinery and the Kitchen Centre are advertised separately as though they are two unrelated businesses, which increases the customer catchment appreciably.
The owners of Park Terrace Joinery & Kitchen Centre have put their successful business on to the market because they wish to semi-retire and go travelling. This combined manufacturing and retail business is being sold on a turnkey basis where the buyer can walk in and carry on using the full complement of machinery and factory tooling. Note that units, doors and benchtops are brought in from specialised suppliers when workloads are heavy. The retail shop would also carry on as per normal with all display kitchens, computers and office equipment left in place.
While a background in retail, building or joinery would be an advantage, the present owners are prepared to provide the incoming owner with up to two months training and supervision. Sale options are flexible and the owners are prepared to leave some money in the business as a debenture (provided there is suitable security).
If you want an established business in one of New Zealand premier wine and tourism locations, consider what Park Terrace Joinery & Kitchen Centre has to offer.
Park Terrace Joinery & Kitchen Centre are located in downtown Blenheim
The business leases factory space (approximately 400 square metres) and parking (400 square metres) at 32 Park Terrace about 500 metres from the Kitchen Centre and Blenheim's Town Centre. The factory comprises an office, lunch room, staff toilet, upstairs storage, parking for 8 cars and two large adjoining workshop machinery spaces. The lease is for 2 + 2 years with reviews every two years. Current annual rent is $18773.33 (plus GST), inclusive of building insurance and rates.
The factory is built on a concrete floor with concrete block walls and an iron roof. It is set up with workstations for 4 employees - currently the owner and 3 workers. The machinery and tooling are quite extensive, in generally good condition, and is used mainly to make kitchens and bench tops.
The Kitchen Centre is located at 1A Main Street, opposite the Post Office in the centre of downtown Blenheim. It is part of a 3 storey building with shops along the street level. The building is ideally positioned between public car parking areas and the shopping centre, ensuring high foot traffic.
The Kitchen Centre comprises about 70 square metres of floor space with the rear part (30 square metres) being sublet to the neighbouring shop for $5163 (plus GST). The shop has ample storage, share toilet and on-street customer parking. The lease is for 2 + 2 + 2 + 2 years with reviews every two years. Current annual rental is $12,960 (plus GST), inclusive of building insurance (less the sublet amount above).
The showroom features a display kitchen and an extensive range of colour samples and product options for client selection. Other items on display include benches, wine accessories and kitchen items. The owner’s wife operates the Kitchen Centre. Most clients are female and prefer a woman sales person, particularly when seeking advice on design and when picking colour coordination and choice of materials. The reception desk and work station is a demonstration piece in its own right.
Business operation at Park Terrace Joinery & Kitchen Centre
Park Terrace Joinery & Kitchen Centre design, make and install:
- Kitchens - domestic, commercial, campervans, boats and more
- Bench tops and vanities - Formica & other laminates, granite, wood, glass, Corian, Caesar Stone, Sile Stone
- Joinery - doors, stairs, wardrobes, laundries, shelving
- Shop Fittings - reception and office furniture, display units
The business uses latest materials and construction techniques and goes the "extra distance" to accommodate customer requirements for sizes, styles, colours and materials.
Park Terrace Joinery & Kitchen Centre service clients from Kaikoura in the south to Marlborough, Picton, and Nelson in the north, and even across Cook Strait to Wellington. Customers come from Telecom Yellow pages (51%), repeat business and referrals (33%) and 16% from Internet inquiries and passing foot traffic.
Plant and equipment being sold
A complete list of all plant, equipment fittings and chattels is available to interested purchasers. Main items include:
- Tools, plant and machinery, equipment and jigs
- Benches, counters, shelving, storage cupboards, light fittings
- Electronic alarm, lunchroom refrigerator
- Vehicles – 2 light trucks (HT licence not required), large trailer
- Office printer/fax/scanner/copier, phone
- Draughting table and square
- Full demonstration kitchen complete with appliances
- Reception desk and work station
- Benches, counters, display shelving, storage cupboards, floor coverings
- Office computer with flat screen, printer/fax/scanner/copier, software, phone
Day to day management at the Park Terrace Joinery & Kitchen Centre
Factory – Monday to Friday - 7.30 am to 5.00 pm with Saturday from 10.00am to midday being optional.
Kitchen Centre – Monday to Friday - 10.00 am to 4.00 pm with Saturday from 10.00 am to 1.00 pm.
The business is operated by the two owners with the assistance of 2 employees. The present owners are prepared to give the new owner every assistance during handover and two months training in all aspects of the business.
Despite the technical nature of the business, the owner need not get involved in the actual production of joinery unless he wants to. Staff look after the practical aspects of production, assess materials, maintain machinery and equipment. This leaves the owner-manager to carry out organisation and co-ordination of the day to day business activity.
Work in progress:
Partially built jobs at the time of handover will be valued at the cost of labour and materials to date. The new owner may then complete the contract and finish the sale.
Stock at the Joinery Factory will comprise hardware and materials at around $25,000 . Stock at the Kitchen Centre will comprise display kitchens and appliances and will total about $25,000.
All relevant manuals, catalogues and price lists will be included with the sale price along with details about purchasing discounts for materials. Full customer records are included.
Promotion and Advertising;
The business advertises through building signage, Telecom Yellow Pages with a link to the business’s Web page www.kitchencentre.co.nz and occasional feature articles in local newspapers. Best promotion comes from word of mouth recommendations from homeowners who proudly show-off their new kitchen to all of their friends.
Call Dave on +64 3 578 2277 (day) or 025 774 885 (evenings)
Blenheim is the commercial centre for Marlborough
Blenheim (population 26,000) is an attractive and peaceful town of parks and gardens. It is the hub of the Marlborough wine industry and starting point for vineyard visits, wine tasting and cafes.
More than half of all New Zealand's wines are produced in the Marlborough region around Blenheim. 'Marlborough Sauvignon Blanc' is internationally acclaimed and this one wine variety has put Blenheim firmly in the global spotlight.
Just to the north of Blenheim is the boating and fishing paradise of the Marlborough Sounds. Marlborough Sounds is also famous for the Queen Charlotte walk, one of New Zealand's most scenic hiking trails. With 1500km of shoreline, Marlborough offers unlimited opportunities for cruising, sailing, diving and fishing.
For more information about Blenheim, click on: