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Profitable Custom Furniture Manufacturing Business In Southern Suburbs For Sale

Southern Suburbs, Western Cape, South Africa
Asking Price:
R1,200,000 Furniture / Fixtures included
Sales Revenue:
R1,740,000
Cash Flow:
R500,000

A great opportunity to purchase a turnkey furniture manufacturing business at this bargain price.
This 200sqm operation is situated in a thriving business park in the southern suburbs.
An established business that has been run by the owner for the past 7 years offers an investment opportunity for significant growth.
Orders are custom made using mainly solid wood on 3 phase industrial machines.
Selling price – R1.2mill (Negotiable) - Price reduced.
Furniture, fixtures and fittings are included in the selling price.
Turnover – R1.74mill pa
Net Profit – R730k pa
Equipment Value – R600k (Included in selling price)
The owner is starting a new venture and is looking for a quick sale.

Property Information

Real Estate:

Lease

Lease Terms:

Renewable for 5 years

Leasehold Rent:

R180,000 per annum

Location:

Thriving business park in Cape Town southern suburbs.

Premises Details:

Lease

Size in square feet:
200sqm

Business Operation

Expansion Potential:

Significant expansion potential

Competition / Market:

Two competitors closing down

Reasons for selling:

Owner starting new venture

Trading hours:

Mon - Sat

Employees:
2
Years established:
7 years

Other Information

Support & training:

Full handover (3 months)

Furniture / Fixtures value:
R600,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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