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Online Furniture Business In Zambezi For Sale

Zambezi, Gauteng, South Africa
Asking Price:
R25,000 Inventory / Stock included
Sales Revenue:
R580,000
Cash Flow:
Under R100K

Dining table business for sale.

Our client would like to sell his dining table business due to a back injury he can no longer operate the business.

The owner is a retired man who has always done woodworking as a hobby. He did start to focus a little more on that in Covid to bring in an additional income. He made a lot of custom furniture and custom made to order. In October 2021, he decided to publish a catalog with a fixed range of furniture pieces to increase production. Unfortunately, he struggled terribly with a back injury and was hoping to hand over the business to his son but his son had no interest in the timber industry and therefore approached us to help sell the business.

Everything with regard to the production process of the products is already in place, the supplier is also already in place, there was no website or social accounts set up and this was done by my company. We are in the process of launching the socials.

The new owner must seal and package the products.

There are 2 options for delivery in place and the company is going to need marketing on social platforms because the owner mostly did ‘word-of-mouth’ sales and came through queries on Facebook.

What is also included in the sale is the following;
• CIPC registration. There is already credit, but the owner never got around to registering.
• Branding iron for the product
• Sanding machine

Property Information

Location:

The owner use to seal and pack the product in his garage based in Zambezi, but sold to clients all over South Africa. The suppliers are based in Gauteng.

Premises Details:

Home based (Single garage)

Business Operation

Expansion Potential:

Extreme growth potential

Competition / Market:

Research about the market for Wild Cottage showed that South African households have been investing more heavily in furniture and built-in units in their homes and this has been especially pronounced as people spent more time at home during COVID lockdowns. For the seven months to February 2021, year-on-year retail sales of household
furniture and appliances grew by an average of 9.9% per month.
Sales of hardware, paint and glass also increased and this would include some elements of the kitchen industry. Most other retail segments declined over this period (except for pharmaceuticals and personal care). Furniture demand has traditionally fallen sharply after the Christmas season but this year the level of demand has increased well into the first quarter.
According to business tech, data indicates that the majority of money is being spent on clothing, footwear, furniture, services, etc; however there has been a decline in spending at restaurants and hotels.

Reasons for selling:

The owner can no longer work due to a back injury.

Trading hours:

The business operated normal working hours for queries and quotes. However the owner only work 2 days a week.

Employees:
2
Years established:
2021

Other Information

Support & training:

Yes we offer support of the production line and training of all systems put in place.

Inventory / Stock value:
R9,000 - included in the asking price
Related Documents:
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

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