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Successful Furniture Manufacturer In Western Cape For Sale

Western Cape
Asking Price:
R12,500,000
Sales Revenue:
R15,559,580
Cash Flow:
Available on request

This profitable and successful manufacturing concern was established more than 20 years ago.
This business is one of the top leading business furniture manufacturers, supplying a network of established clients both in the wholesale and retail market in South Africa. This company specializes in providing the South African market with workplace furnishing solutions that are tailor-made to suit any business 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.
A second division of the business focusses on the manufacturing and installation of built-in cupboards. This division has shown exceptional growth and has huge potential and combined the two businesses offer a diverse income stream.
A very successful business, with good systems in place. This business has withstood the tests of time. Through the good and the tough economic times, good cash flow management has ensured the continued success of this business. The seller is prepared to stay on for a period to ensure smooth handover and transition.
Included in the selling price are assets to the value of more than R7,295,000 which includes delivery vehicles.
Selling price excludes stock of R2,000,000 and VAT. The option to purchase the building can also be discussed.

Property Information

Real Estate:

Real Property Included

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday 07h30 - 17h30
Tuesday 07h30 - 17h30
Wednesday 07h30 - 17h30
Thursday 07h30 - 17h30
Friday 07h30 - 13h30

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