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Furniture And Accessories Shop In Kzn Inland For Sale

KwaZulu - Natal, South Africa
Asking Price:
R2,250,000 Furniture / Fixtures included
Sales Revenue:
R7,250,000
Cash Flow:
R1,563,000

Price reduced by R1 million - owner emigrating.

Retail sales of bespoke Furniture, Accessories, Pictures & Wall Art. The business has a loyal customer base. Established 18 years and very profitable

Consistently great quality South African wooden Furniture is sold.
Customers can choose their fabric from a large range available, this enables them to customize their upholstered furniture pieces.
Large variety of Accessories & Framed Pictures
This is a great selling point, which makes the business unique in their market.

Large customer base. Can be managed remotely with periodic visits.

Selling Price R2.25 mill plus stock (estimated R800k).

Property Information

Real Estate:

Lease

Lease Terms:

Current lease until 31 March 2024. The lease has been renewed since 2012 on a 3 year basis. The Landlord has has also relocated the shop to a prime location.

Location:

Prime Location in Regional Mall.

Premises Details:

Retail Shop: 233m²
Storeroom: 47 m²

Business Operation

Expansion Potential:

More regular Facebook marketing.
Instagram Marketing.
Google Marketing.

Competition / Market:

Only national Retail chains, like Bradlows.

Reasons for selling:

The owner is emigrating.

Trading hours:

Monday – Saturday: 09h00 – 18h00
Sunday & Public Holidays: 09h00 – 15h00

Employees:
There are four staff including a Manager.
Years established:
The business was established in 2004.

Other Information

Support & training:

A suitable handover will be provided.

Furniture / Fixtures value:
R397,046 - included in the asking price
Inventory / Stock value:
R800,000

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