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Wholesale Business Garden Products And Selected Home Décor For Sale

Cape Town, Western Cape, South Africa
Asking Price:
R3,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R3M - R8M
Cash Flow:
Available on request

The business has a warehouse in Cape Town and distributes nationally and online to large chains but also to smaller retail outlets and garden centres around the country. In total the business has 2000 clients on its books.

This long standing business has a solid supplier and customer base and well-developed logistical systems, which is well supported by a strong management team. All of which have contributed to an enviable reputation for quality, delivery, and competitive pricing.

The business has an active ecommerce website and solid supply contracts with some major mass retailers.

Due to the current owners personal circumstances the business is experiencing a cash flow shortage, this offers a good turnaround opportunity for an existing player in this industry or for a new entrant wanting to gain a foothold.

Property Information

Real Estate:

Lease

Lease Terms:

long term contract

Leasehold Rent:

R170,000 per annum

Location:

Business Operates from Warehousing in a prime industrial area in Cape town.

Premises Details:

The businesses leases a warehouse, from where they distribute their products.

Business Operation

Expansion Potential:

The business has huge scope for growth.

Reasons for selling:

The seller has other business interests and due to personal complications the owner has run short on cash flow to continue running the business.

Trading hours:

Mon - Fri
08h00 - 17h00

Employees:
5
Years established:
>50 years

Other Information

Support & training:

Seller willing to offer full training and support. The business is being sold with a full management team in place.

Furniture / Fixtures value:
R800,000 - included in the asking price
Inventory / Stock value:
R300,000 - included in the asking price
Relocatable:
This business can be relocated.
Distressed:
This business is a turnaround opportunity.