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Antique Furniture And Gift Manufacturing Shop And Workshop For Sale

Pretoria, Gauteng, South Africa
Asking Price:
R495,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R680,000
Cash Flow:
R360,000

This is a very unique opportunity for someone that is passionate about old/vintage/distressed furniture and décor smalls.
Sourcing and manufacturing all furniture, smalls, garden and household décor items from rejected building materials to create high-priced and sought after pieces.
Selling online and directly to well-known retailers, the client base is upmarket and constantly growing.
An established website and Facebook page market sales to the public while large retailers drive consistent sales and trends in store.
50% of the business is driven through E-commerce with couriers nationwide and a large following in Botswana.
Loyal, well-trained staff, allowing the owner to come and go during the day.
Unlimited potential for growth.

• Location – Retail shop & workshop in Mayville, Pretoria
• Annual Turnover – R680 000 +
• Annual Net Profit – R300 000 +
• Owners Takings – R30 000/month +
• Asset Value – R120 000 (included in asking price)
• Stock Value – R280 000 (Included in selling price)
• Franchise or Non-Franchise – Non franchise
• No. of staff – 3 (2 temporary, 1 permanent)
• Manager run, owner present
• Operating hours – Monday – Friday – 8:00 – 16:30
• Selling Price – R495 000 incl. stock
• R.O.I. – 61%
• Reason for Selling – Owner relocating

Property Information

Real Estate:

Lease

Lease Terms:

1 year with renewal option

Leasehold Rent:

R120,000 per annum

Premises Details:

Workshop and retail shop

Business Operation

Reasons for selling:

Owner is relocating

Trading hours:

Monday-Friday: 8am-4.30pm.

Employees:
3
Years established:
9

Other Information

Support & training:

Full handover by owner

Furniture / Fixtures value:
R120,000 - included in the asking price
Inventory / Stock value:
R280,000 - included in the asking price

Contact Information

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