A long-standing furniture removal and storage business is available in the Northern Suburbs of Cape Town.
Established by the current owner more than 40 years ago, the business is well known in the industry and has built a trusted reputation for reliable household and business removals. The sale includes all vehicles, operating assets and the current storage book, giving a new owner an immediate base from which to continue trading.
This is an excellent opportunity for a hands-on buyer to acquire an established logistics and storage business with history, goodwill and practical growth potential.
The owner is selling to retire.
- Asking Price:
- R7,500,000 Furniture / Fixtures included
- Sales Revenue:
- R5,208,000
- Cash Flow:
- R1,764,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
The Warehouse is owned by the Sellers who will rent the warehouse to a new owner at a preferential rate of R 140 000 + Vat per month.
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Retirement
- Trading hours:
-
Storage - By appointment.
Moving and shipment - By client needs.
- Employees:
- Two employees plus subcontractors
- Years established:
- 40 plus years
Other Information
- Furniture / Fixtures value:
- R5,840,000 - included in the asking price
