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Office Supplier Listed On Government Central Database Company For Sale

Somerset West, Western Cape, South Africa
Asking Price:
R750,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R2,048,000
Cash Flow:
R330,000

Listed on the Government Central Supplier database and supplier to many municipalities around South Africa.
Their Products/ Services include: Office Printers, Stationery, Paper, Computer Hardware, Toners &Cartridges & Office Furniture. Multi-functional Printers & Duplicators ( Hardware/ Consumables)
- A minority BEE partner which drives sales in the Government with 10% shares will stay in the business.
- Listing on additional Government Databases are in the process which have the potential to double sales in the next 12 months.

Property Information

Real Estate:

Lease

Lease Terms:

Negotiable

Leasehold Rent:

R54,000 per annum

Location:

Nationwide, can be operated from anywhere in South Africa

Business Operation

Expansion Potential:

For a business dealing in office supplies, including printers, stationery, paper, computer hardware, toners, cartridges, and office furniture, as well as multi-functional printers and duplicators, there are several strategies to consider for expansion:

1. Online Marketplace Development: Establish or enhance an online store to expand your customer base beyond local geographic limits. This e-commerce platform could offer all your products, provide detailed product information, and allow customers to place orders directly online. Implementing a robust digital marketing strategy to promote this online marketplace would be key to reaching a wider audience.

2. Corporate Procurement Contracts: Focus on securing long-term procurement contracts with large corporations, government agencies, and educational institutions. These entities often seek reliable suppliers for their bulk office supply needs, including furniture and technical equipment. Offering competitive pricing, bulk discounts, and reliable delivery services can make your business a preferred vendor.

3. Service and Maintenance Contracts: Expand your offerings to include service agreements for the maintenance of office hardware such as printers, duplicators, and computers. This could include regular servicing, repair services, and on-call support, which would provide a steady revenue stream and deepen customer relationships.

4. Sustainability-Focused Products: Develop or source a line of eco-friendly products, such as recycled paper products, biodegradable stationery items, and green office furniture. Promoting these products can tap into the growing market of environmentally conscious businesses looking to reduce their ecological footprint.

5. Business Solutions and Consulting: Offer consulting services that help businesses optimize their office setups. This could include office design services that integrate ergonomic furniture, strategic placement of multi-functional devices to enhance workflow, and technology solutions that improve efficiency. You could also offer training sessions on using the technology and equipment you sell to add value.

These ideas leverage the existing strengths of your business while guiding it toward new opportunities for growth and market expansion.

Reasons for selling:

Owner busy migrating.

Trading hours:

Normal Business Hours

Employees:
1,5
Years established:
7 years

Other Information

Support & training:

The owners will stay on in the business for as long as it takes to cement relationships between the new owner and the existing client base and also to assist with the transfer of the knowledge associated with the running of the business. It is extremely important to the sellers having build up the business for so many years to continue seeing it prosper into the future.

Financing available:

Financing options are available for qualified buyers who can provide a minimum of 50% of the purchase price from their own funds.

Furniture / Fixtures value:
R20,000 - included in the asking price
Inventory / Stock value:
R15,000 - included in the asking price
Relocatable:
This business can be relocated.