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Listing ID: 2914665

Footwear Manufacturing Factory In Ladysmith For Sale

Ladysmith, KwaZulu - Natal, South Africa

Asking Price:: R1.5M - R3M Furniture / Fixtures and Inventory / Stock included

Sales Revenue:: Available on request

Cash Flow:: Available on request

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The business is situated in Ladysmith KZN. The facility is fully equipped to manufacture various styles of fashion shoes giving the advantage of entering a market with a demand of 280 million pairs of shoes annually for the South African populous only. The free trade zone of Africa presents an enormous potential for our products.
The factory is also fully equipped to manufacture 1000+ pairs per day of leather or synthetic school shoes thereby having the potential of tapping into market of 12 million school going children in South Africa.
The factory is also fully equipped to manufacture sneakers. The growth in the sneaker industry has multiplied several fold of recent.
This is a business opportunity to own and grow a dynamic business, a business that empowers you to be an earning entrepreneur. Are you looking for a business opportunity that is highly profitable and offers great potential?

For more information, please contact us by using the form below.

Property Information

Real Estate:: Lease

Lease Terms:: Monthly

Leasehold Rent:: 300 000 per annum

Location:: Ladysmith Kwazulu Natal

Premises Details:: Lease

Size in square feet:: 1600 square meters

Business Operation

Expansion Potential:: There is a growing population of scholars, especially in the lower income sector, therefore a need for an affordable quality shoe. There is also high demand due to daily usage of the shoes. The local manufactured fashion and sneaker industries have have increased several fold of recent

Competition / Market:: The strongest competition are the Bata Toughees school shoes. However, they are currently struggling to maintain their competitive edge due to their high price points.
As a corporate company they have huge overhead structures to contend with and as a result their pricing continually increases every year.
We are extremely competitive as we have a very small overhead structure as the business is owner-driven thereby ensuring that the factory is efficient and delivers on time.
The government is enthusiastically promoting local production houses as a reform initiative

Reasons for selling:: Retirement

Trading hours:: 07H00 to 16H30

Employees:: Presently 27 but at full production 80

Years established:: 2019 - 2 years

Other Information

Support & training:: The Footwear Association together with Government facilitate training

Furniture / Fixtures value:: R23,000 - included in the asking price

Inventory / Stock value:: R150,000 - included in the asking price

Relocatable:: This business can be relocated.

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