An opportunity is available to invest in a privately owned, high-growth direct-to-customer furniture and décor specialising in cane furniture, lighting and interior décor business for sale in Maitland, Cape Town.
Business Overview:
- Founded in 2021
- Recognised, successful South African brand with a loyal customer base
- Consistent turnover and profitability with strong recent growth
- Advanced integrated API systems implemented
- Skilled team in place
- Effective cash flow management
- Financial records fully up to date
Products and Services Offered:
- Supplies and manufactures high-quality cane furniture and décor items.
- Extensive selection of home furniture.
- Customizable furniture solutions tailored for residential spaces and guest houses.
- Serves as both a manufacturer and importer of cane and home decor furniture.
- Produces products on a made-to-order basis to meet specific client requirements.
Clients and Target Market
- Supplies a broad selection of home furniture to blue chip clients in South Africa and internationally.
- 95% of products are imported; 5% are locally manufactured.
Channels
- Multiple online third-party platforms
- Direct export sales to customers
- B2C
- eCommerce
The brand is positioned for strategic growth through:
- Growing internationally as the best-selling products are exported overseas and has huge potential to grow income.
- Current high growth creates an opportunity to expand faster by injecting more working capital into the company and introduce new imported and manufactured products. We sell B2C and B2B with SA's leading corporate companies. Our database consists on +55k customers.
- The business is primed to grow gross sales to +R100 million within the next 10 years.
Business Operations Overview
Industry : Manufacturing
Location : Maitland, Cape Town
Area : Western Cape
Trading hours : Monday - Friday
and sometimes Saturdays : 8am - 4:45pm
Employees : 13 employees
Years established : 4 years
Competition : Minimal in South Africa
Reason for selling : Owner pursuing new ventures
Support and training : Full training support available. The seller is prepared to stay on for a period of 3 months to ensure smooth handover and transition
Relocatable : Yes, the business can be relocated and can also be run from home
Expansion Potential : Major expansion potential in South Africa and in the USA.
Business details:
Turnover : R 8m to R 15m per annum
Yearly Cash Flow : R 100,000 to R 500,000 per month
Value of assets: : + R 100,000 – including in the asking price
Value of stock @ cost : +- R 950,000 ex VAT – including in the asking price
Established year : 2021
Property details:
Own or leased : Leased
Monthly rent : R 336,000 per annum
Premises detail : Lease factories
Size of the property : 500 sqm
(Physical property not included in the asking price)
Serious inquiries only. Confidentiality Agreement / NDA will be required prior to disclosing financial and other key information.
