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Leading Lounge Suite Manufacturing Company For Sale

Johannesburg, Gauteng, South Africa
Asking Price:
Undisclosed Furniture / Fixtures included
Sales Revenue:
R55,800,000
Cash Flow:
Undisclosed

This top Lounge Suit Manufacturing Company has been established for the past 30 years and is a leader in their field. Their products are manufactured from the best materials available, using the latest and most advanced techniques on the market.

The company also makes sure that they keep up with the latest advancements and trends in the industry. The result is that their products are world class, and being sold at very competitive and value for money prices, with of course, their own unique designs.

They deliver to a variety of companies and chain-stores across South Africa, as well as cross border countries in the rest of Southern Africa. An extremely well run company, well established and well known in the Industry. Owing to all the different contracts they have in place, it is advisable for a potential purchaser to purchase the CC, for which we will procure a Tax Clearance and any other documents required, as their Accountants have all their information and figures up to date, and there are no outstanding moneys other than their normal Debtors.

Also, the Sellers are happy to do a 4 month 'Handover Period' with the purchaser.

An excellent opportunity to purchase a profitable and well established business of 30 years standing!

Do not let this one pass you buy!!!

Property Information

Real Estate:

Lease

Location:

Well located in a factory area, with lots of parking for their trucks, in the South of Johannesburg.

Premises Details:

Their factory is well laid out with all the latest equipment in order for them to manufacture the best quality quality products in the least amount of time.

Business Operation

Expansion Potential:

Their is room to increase the size of their factory, as they are still battling to get all the products out timeously during their busiest periods of the year.

Competition / Market:

Although they have a bit of competition, they are still one of the best known companies of their type in Southern Africa, with a reputation of manufacturing top quality products coupled with very reliable deliveries.

Trading hours:

They are open Monday to Friday from 8am to 5pm and closed on weekends.

Employees:
They employ 80 Staff in the factory which includes all the Factory Workers, 8x Admin Staff and 2x Reps.
Years established:
The business was started by the present owners 30 years ago.

Other Information

Support & training:

The owners are happy to stay on for 3 to 4 months to help the new owner with a smooth transition from one owner to the next.

Furniture / Fixtures value:
R7,300,000 - included in the asking price
Inventory / Stock value:
R3,500,000