Established over 30 years ago, this business has grown and evolved to become a leading brand in turnkey bespoke innovative custom joinery design and installation. This business is committed to building relationships and delivering a professional, efficient and friendly personal project management service. The Google reviews reflect the level of success in achieving that. The business offers a turn-key project management service from design, alterations, build, installation, to hand over. See your investment return +40% in this lock stock and barrel deal.
- Asking Price:
- R2,250,000 Inventory / Stock included
- Sales Revenue:
- R5,230,000
- Cash Flow:
- R931,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease ends in 2023. Buyer to negotiate a new lease at suitable terms.
- Leasehold Rent:
-
R240,000 per annum
- Location:
-
Showroom is located very central - in the Southern Suburbs of Cape Town.
- Premises Details:
-
Fully equipped showroom.
- Size in square feet:
- 164 m2
Business Operation
- Reasons for selling:
-
After a successful 33 years running, growing and adapting this business to flourish with reduced owner involvement, the owner is retiring. Wife assists with admin and bookkeeping.
- Trading hours:
-
08:30 - 16:30 Mon - Sat
- Employees:
- 3
- Years established:
- 33
Other Information
- Support & training:
-
1 Month handover period. The seller is prepared to consult afterwards on a commission basis.
- Furniture / Fixtures value:
- R500,000
- Inventory / Stock value:
- R20,000 - included in the asking price
- Relocatable:
- This business can be relocated.
