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Successful Online E-commerce And Furniture Manufacturer For Sale

Maitland, Western Cape, South Africa
Asking Price:
R3M - R8M Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R8M - R15M
Cash Flow:
R100K - R500K

This is a privately owned business and company is 8+ years old and had a Huge 150% growth during COVID. This business is the leading, niche, standing desk supplier in South Africa. This company specialises in providing ergonomic, workplace solutions, that can be tailor-made to suit any office space and interior design requirements.

As one of the most trusted office furniture manufacturers, the company has well-trained and skilled staff to ensure the quality of workmanship and customer satisfaction. The company supplies top blue chip clients with a wide range of business furniture throughout South Africa and the world. It also also has a database of 80,000 PLUS customers.

This business sells via several local and international sales channels, such as Amazon, direct to customer. B2C sales are also very high. A very successful business, with the latest integrated API systems in place. The business also sells products on a customised, 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 growth phase was enjoyed during COVID and now consistent sales can be enjoyed, with a major opportunity for internationally sales. All financials are 100% up to date and growth can be shown on request. This business also holds numerous PATENTS and IP for it's unique 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 and a great way to avoid paying VAT.

The seller is prepared to stay on for a period of 3 months to ensure smooth handover and transition.

Selling price includes stock of R1m ex VAT.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Location:

Maitland, Cape Town

Premises Details:

Gated security park with access control

Size in square feet:
500m2

Business Operation

Expansion Potential:

International export is on the rise, working capital injection would take the business to the next level.

Competition / Market:

Very little in South Africa

Reasons for selling:

Moving onto to other interests and selling at top of business valuation.

Employees:
14
Years established:
9 years

Other Information

Furniture / Fixtures value:
R1,500,000 - included in the asking price
Inventory / Stock value:
R500,000 - included in the asking price