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Furniture & Built-In Cupboard Manufacturer In Garden Route For Sale

Garden Route, Western Cape, South Africa
Asking Price:
R10,000,000
Sales Revenue:
R15M - R100M
Cash Flow:
R1.5M - R3M

This profitable and successful manufacturing concern was established more than 20 years ago, operating from the Garden Route, servicing clients nationally.

This business is one of the top leading and most trusted workplace furniture manufacturers, supplying a network of established clients both in the wholesale and retail market in South Africa. This is the ideal business offering a quality lifestyle in the Garden Route while servicing a client base with a national footprint. This operation offers diverse income streams. Exceptional growth in the 2019/2020 financial year shows a 14% increase in turnover, with net profits increasing by 21%.

The seller is prepared to stay on for a period to ensure smooth handover and transition. Included in the selling price are assets to the value of more than R6m which includes delivery vehicles.

The selling price excludes stock of R2,200,000 and VAT. The option to purchase the building can also be discussed.

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday 07h30 - 17h30
Tuesday 07h30 - 17h30
Wednesday 07h30 - 17h30
Thursday 07h30 - 17h30
Friday 07h30 - 13h30

Employees:
75

Other Information

Support & training:

The seller is prepared to stay on for a period of up to 3 months to ensure smooth handover and transition.

Inventory / Stock value:
R2,200,000

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