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Unique Niche Seller Of Custom Designed Office Furniture For Sale

East Rand, Gauteng, South Africa
Asking Price:
R8,500,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

This unique niche Seller of Custom designed Office Furniture was established in 2003 and is located in the East Rand. Their products are all owner created designs, and unique to their business, which of course has its own show room. An important feature of this business is that all their manufacturing is outsourced to expert producers. The result being that the company has very low overheads and a Staff compliment of 4 employees. They have over 50 active customers and 40% of their Turnover is generated from their Internet Sales. Included in the Sale are their 3 Delivery Vehicles as well as their property of 2100m2.
Their Turnover from March '21 to end August '21 was R5.5m, with a Net Profit of R1,150m before Owner's Drawings. Please note, the Owner will warrant a Net profit for February 2022, before Owner Drawings, of R1.9m!! The asking price for the business is R3.2m plus Stock of approximately R300,000-00, plus the Price of the Property being R5m, making a Total of R8, 500, 000-00, all Assets included.
An excellent opportunity for a new energetic owner to continue the year on year growth, and coupled with the Owner's Warrant of Turnover for February 2022, makes it a Deal not to be missed!!

Property Information

Real Estate:

Real Property Included

Location:

Located in their own building, in the East Rand.

Premises Details:

The size of their property is 2100m2.

Business Operation

Expansion Potential:

There is enormous opportunity for a young energetic entrepreneur to increase their customer base, and especially their Online Sales, which is starting to become the way of the future. The present owners wishes to retire.

Trading hours:

The business works 5 days a week from 8am to 5pm.

Employees:
They employ a Total of 4 Staff Members
Years established:
The business has been established for 18 years.

Other Information

Support & training:

The present Owners will stay on for a period to be negotiated to train the new Owner as to how they run the business now.

Furniture / Fixtures value:
R600,000 - included in the asking price
Inventory / Stock value:
R300,000

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