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Cutting Edge Kitchen Design, Manufacturing & Installation Company For Sale

Johannesburg, Gauteng, South Africa
Asking Price:
R25,000,000 Furniture / Fixtures included
Sales Revenue:
R24,000,000
Cash Flow:
Available on request

Started by a husband and wife team in 1988, this cutting edge Kitchen Design, Manufacturing and Installation Company has grown from strength to strength, to become the 'Company of Choice' by most of the top Property Developers, as well as the general public. After 27 years in the business they are still passionate about creating high quality custom solutions for their clients, so much so, that all their products come with a 15 Year Guarantee! Also note that their creations are not limited to kitchens alone, but they also design and manufacture custom made furniture pieces such as, beds, pedestals, built-in cupboards, dining room tables, TV Stands as well as the design, manufacture and installation of Libraries, to name just a few. Their factory is in the Bramley/Wynberg area, and their Showroom is well located in an upmarket vibrant Northern suburb of Johannesburg.
Aside from their high quality products, it is important to appreciate the many nuances that add value to this business of which some are, low overheads, a small but highly skilled staff compliment, including specialist designers and craftsman, and 27 years of experience. The Sellers are happy to provide an in-depth handover period to be negotiated with prospective purchasers. The business is very profitable, and has been for many years but the owners now feel that it is time to retire, and thereby have created an excellent opportunity for interested entrepreneurs to purchase a strong, reliable business, built on a deep foundation and well ensconced in the industry, yet still with plenty of room for growth.
Opportunities like this are few and far between, and all business entrepreneurs with management experience and touch of creative flare need to grab it while it is still available! Not to be missed!!!

Property Information

Real Estate:

Lease

Location:

Their showroom is well located on the high street of one of Johannesburg's busiest and trendy Northern suburbs.

Premises Details:

They have a factory and a showroom that are in 2 different suburbs in Johannesburg, and the Assets include 4 vehicles. Three of which are used for deliveries and instillations. A full Asset Register will be supplied to serious Buyers.

Business Operation

Expansion Potential:

There is plenty of room to grow the business, firstly by adding new products into the mix and especially by advertising and marketing on line and through Social Media, as the present owners hardly do any advertising or marketing at all, as they feel they are busy enough consistently throughout the year anyway, just by word of mouth!

Competition / Market:

They do of course have competition in the market place, but generally they are recognized as leaders in their field.

Reasons for selling:

The owners have decided that after 27 years in the business, it is time to retire and enjoy the fruits of their labour to the fullest.

Trading hours:

The Factory is open 5x days a week, during normal factory working hours, with the Showroom open Mondays to Saturdays with an early closing on Saturday afternoons.

Employees:
They employ a Total of 29 Staff members, which includes a factory manager and an admin person, as well as 3 Showroom Staff.
Years established:
The business is 27 years old, and still owned by the original owners.

Other Information

Support & training:

The current Owners will gladly stay on for a period to be negotiated in order to make for a smooth transition to a new owner. All I.P., Suppliers and Key Customers will be given and introduced to the new owner.

Furniture / Fixtures value:
R5,877,465 - included in the asking price
Inventory / Stock value:
R1,335,000

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