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Manufacturing Business In Gauteng For Sale

Gauteng, South Africa
Asking Price:
R4,900,000
Sales Revenue:
R8M - R15M
Cash Flow:
R100K - R500K

Wood Based Manufacturing Business for sale.

Specialising in wood based, high end furniture and fitted furniture. Manufacturing to the Retail, Corporate & Residential sectors. Clients include Shopfitters, Sanitary Importers, Interior Designers, Architects, Retailers, Exhibition Professionals. Business has grown purely on referrals for 16 years. Completely debt free and a lease with lowest rate per m2.

New owner would not need experience in this field as most staff have been employed for over 8 years and are well trained and experienced. Input would be financial management/marketing. Some clients have been with us for over 10 years, this is an indication as to the loyalty the business enjoys.

Most orders are paid before delivery, this free's up cash flow to a large extent. Asset value R4,4m. On R12m annual turnover, nett is R3m. Sale price includes 6 months training, etc by owner.

Please do not enquire asking for more information, we believe there is sufficient information for one to establish whether or not the next step would be to set up a meeting face to face. All interested parties would need to sign a NDA and provide some form of documentation indicating their ability to purchase the business before meeting.

If interested, please contact us by filling the form given below.

Property Information

Real Estate:

Lease

Lease Terms:

Negotiable

Leasehold Rent:

R480,000 per annum

Location:

Industrial

Premises Details:

2000m2 Factory and Offices

Size in square feet:
2000m2

Business Operation

Expansion Potential:

Expansion potential is really easy and would merely require marketing

Competition / Market:

Our high end custom finishing sets us apart. Some processes are kept secret where not even the staff are aware of the full picture and how some finishes are achieved. According to clients who have been in this industry for 20 years, very few reliable companies around providing our services and quality all under one roof.

Reasons for selling:

Owner immigrating

Trading hours:

7 to 5

Employees:
15
Years established:
15

Other Information

Support & training:

Yes

Furniture / Fixtures value:
R4,000,000
Inventory / Stock value:
R500,000
Relocatable:
This business can be relocated.

Contact Information

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