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Exclusive Furniture Store In Centurion-Showroom Newly Renovated For Sale

Centurion, Gauteng, South Africa
Asking Price:
R4,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
On request
Cash Flow:
On request

After 21 years of successful operation, I am offering my well-established retail furniture store for sale in the heart of Midrand. This thriving business has become a staple in the community, known for its quality products, exceptional customer service, and diverse inventory of furniture and home decor.

Key Highlights:

  • Established Reputation:Over one decade of solid reputation in the Midrand area, with a loyal customer base and strong community ties.
  • Diverse Inventory: A wide range of high-quality furniture, including living room sets, bedroom furniture, office furniture, and unique home decor items.
  • Importer Status: Recently expanded to become an importer, allowing for a broader range of exclusive products and better pricing margins.
  • Prime Location:Situated in a high-traffic area with excellent visibility, benefiting from vehicle traffic.
  • Experienced Staff:A skilled and knowledgeable team is in place who can assist the new owner in a smooth transition.
  • Operational Systems:Established processes for inventory management, customer service, and supplier relationships.
  • Growth Potential: Opportunities for expansion, including online sales and additional marketing strategies.
  • Reason for Sale:Due to health reasons, I am unable to continue to manage and grow the business as I would like.
  • Inclusions:
  • Inventory at the time of sale
  • All business assets, including furniture, fixtures, and equipment/full security system cameras
  • Customer database and supplier contacts
  • Training and transition support
  • Ideal Buyer:This business is perfect for an aspiring entrepreneur, or someone looking to take an established brand to the next level. Experience in retail or furniture sales is a plus but not required.

Property Information

Real Estate:

Lease

Lease Terms:

Life time, with 3 months vacate notice

Leasehold Rent:

360 000 per annum

Lease Rent:
R33 per sq ft per annum
Living Accommodation:

None

Location:

Prime location, off and on the N1highway, busy tech hub, midway point between pretoria and johannesburg

Premises Details:

1100 sqm facility made up of:
600 sqm showroom
600 sqm warehouse
50 sqm office space

Size in square feet:
1,200
Planning Consent:

None

Business Operation

Management type:
This business has absentee ownership.
Expansion Potential:

further increase of import case goods range

Competition / Market:

Essops furniture
Ashleys furniture
Sedgers home

Reasons for selling:

Owner retiring due to health issues

Trading hours:

Monday to Friday: 8am to 5pm
Saturday: 8am to 3pm
Public holidays: 10am to 2pm

Employees:
6
Years established:
14 years

Other Information

Support & training:

All necessary training will be offered for a month

Financing available:

None

Furniture / Fixtures value:
R800,000 - included in the asking price
Inventory / Stock value:
R7,000,000 - included in the asking price
Website:
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Related Documents:
Relocatable:
This business can be relocated