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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.
Renewable for 5 years
R180,000 per annum
Thriving business park in Cape Town southern suburbs.
Significant expansion potential
Two competitors closing down
Owner starting new venture
Mon - Sat
Full handover (3 months)
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