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Leading Kitchen Design & Installation Company Including Premises, For Sale

Johannesburg, Gauteng, South Africa
Asking Price:
R8,400,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

This excellent company that specialises in the Design and installation of top quality Kitchens has been around for over 34 years and is also experienced in doing other work, such as the design and installation of Boardrooms, Reception Areas, Libraries, Built-in Cupboards and TV Cabinets as well as Pubs, to name a few! The owner has been in the industry for over 46 years and their product quality & workmanship is of the best available. They do not manufacture, but use certain suppliers
that are specialists in different aspects in the manufacturing process on a regular basis, depending on the requirements of each job. They sub-contract their own installers and specialised proven builders to assist with their installations, which has proven to be the most cost effective and efficient way to run the business. Besides doing domestic jobs, most of their business is from large corporate contracts that they receive to build kitchens for large townhouse complexes and various other large buildings. Although their Head Office is located in Johannesburg, their work is not only limited to Gauteng. This is a top company, very well run and very profitable. The owner wishes to sell the business as well as their Head Office, which they own on Sectional Title, and which Office has a Selling Price of R1.9m, which is separate from the selling price of the business of R6, 500, 000-00. Therefore it should be noted that the full Selling Price for the Business and the premises, (which are being sold together), is R8, 400, 000-00, as quoted above, and is slightly negotiable.
An excellent opportunity for a business man who has Management and Sales experience, coupled with a creative eye. The Seller will stay on for a period to be negotiated, in order to allow for a smooth transition from one owner to the next. A top opportunity indeed!

Property Information

Real Estate:

Real Property Included

Location:

The head office is located in Johannesburg, which they own on Sectional Title, and which premises are included in the Sale.

Premises Details:

Their Head Office, is being sold along with the business for the asking price of R1.9m, over and above they selling price of the business, being R6, 500, 000-00.(Slightly negotiable).

Business Operation

Trading hours:

They are open Mondays to Fridays from 8am to 4-30 pm and Saturdays from 8am to 1pm.

Employees:
They employ 3x permanent Staff Members comprising of 1x who specialises in the rendering of their 3D Computer Designs; 1x Secretary taking care of all the Admin work and 1x Sales & Design Person. The Owner works in the Business full time as well.
Years established:
The business has been established for over 34 years.

Other Information

Support & training:

The present Owner will stay on for a period to be negotiated in order to teach the new owner about the way the business is run. and to make sure that there is a smooth transition when the business changes hands.

Furniture / Fixtures value:
R50,000 - included in the asking price

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