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Furniture Importer And Retailing Business For Sale

Johannesburg, Gauteng, South Africa
Asking Price:
R3,950,000
Sales Revenue:
R7,129,416
Cash Flow:
Available on request

A lucrative furniture importer and retailing business that provides affordable and quality furniture and furniture installations to businesses, restaurants, canteens, schools and homes. They offer products that are suitable for indoor and outdoor use and have supplied some of South Africa’s biggest and most well-known brands including restaurant chains and corporate clients.

The business was started in 2008 and has grown year on year with an excellent opportunity for the new owners to take the business forward. The founders have focused on personalized customer service with the emphasis on client relationships, quality and reliability in all that they do. The business operates from a 360 sqm premises which includes the warehouse and a showroom that can be booked by clients to view the latest designs. Hours of operation are Mon to Thur 09:00 – 16:00 and Fri – 09:00 to 15:00

This business generates an average monthly turnover of R594,118.00 with an average monthly net profit of R31,409.00 after the owner’s drawings. The asking price is R 3,950,000.00 excluding stock.

Property Information

Real Estate:

Lease

Location:

This business is based in Johannesburg

Premises Details:

The business has a 360sqm warehouse, and the owner does not pay rent because she has installed mezzanine on a 80sqm with her own money.

Size in square feet:
360sqm

Business Operation

Competition / Market:

This business has a healthy competition in the area.

Reasons for selling:

The seller would like to immigrate

Trading hours:

Mon to Thur 09:00 – 16:00 and Fri – 09:00 to 15:00

Employees:
1 x Male in charge of the warehouse, stock and deliveries; 1 x Female working as an office assistance, admin and internal sales; 1 x Female working as a cleaner, one day per week
Years established:
2008

Other Information

Support & training:

The will be available for handover.

Financing available:

No

Furniture / Fixtures value:
R768,886
Inventory / Stock value:
R800,000
Relocatable:
This business can be relocated.

Contact Information

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