A privately owned, high growth, company is for sale in Maitland, Cape Town.
Established in 2015, this business is the leading supplier and manufacturer of standing desks in South Africa. This company specializes in providing ergonomic and standing desk workplace furniture solutions that can be tailor-made to suit all office spaces and home office spaces.
This company is most trusted South African, standing desk and home office furniture manufacturer, the company has well-trained and skilled staff to ensure a high quality of workmanship and customer satisfaction. The company supplies blue chip clients a wide range of office furniture throughout South Africa and internationally. Three export sales channels ensure a solid growth trajectory and have shown exceptional growth in the past three years. This international aspect has huge potential and offers an additional diverse income stream.
This business also sells via multiple online 3rd party platforms, direct to customer. B2C sales are very high it's local eCommerce online store which is the main sales channel for the business. A very successful business, with the latest integrated API systems in place. The business also sells products on a made-to-order basis which reduces risk and improves cash flow. Good cash flow management has ensured the continued success of this business.
A rapid and steady growth of +165% annual gross sales per year and currently operating at it's highest peak in sales this year! All financials are 100% up to date and growth can be shown on request.
This business also holds numerous patents for it's designs in multiple countries, including the UK and SA. Best selling products are exported overseas and has huge potential to license the products design for additional income.
Due to the companies high growth there is an opportunity to expand faster by injecting more working capital into the company and introduce new imported and manufactured products. Current product sales are 60% manufactured and 40% imported. We sell B2C and B2B with SA's leading corporate companies. Our database consists on +55k customers.
This business is primed and the stage is set to do +R100 million in gross sales within the next 10 years.
The seller is prepared to stay on for a period of 6 months to ensure smooth handover and transition.
Selling price includes stock of R3,000,000 ex VAT. This is truly a once in a lifetime opportunity to invest in the future of standing desks in the South African market.
Reason for selling is that the seller is also looking for other opportunities.
If interested, please contact the seller through the form on this page.