Price Range: From To

Furniture Manufacturing and Steel Fabrication Business for Sale For Sale

R6,500,000

Business Description

Well Established Business in the Steel Furniture Manufacturing Industry. Design, manufacturing, distribution, delivery and in-stallation of modern furniture solutions. Steel component manufacture and powder-coating done on site. Supplier to the retail and contract market.

Very profitable business, with excellent trading history. Big unrealised potential for government and institutional contracts. Capac-ity for additional shifts and new product lines. Supply to large furniture chains and retail outlets. Highly recommended.

Business Details

  • Property ID: AKAS060
  • Price: R6,500,000
  • Turnover: R9mil
  • Actual Profit/Year: R1.6mil
  • Turnover range: R8mil - R10mil
  • Profit range: R1 mil - R3 mil

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: The seller wishes to pursue other interests
  • Business history: +/-22 years
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: 1537m²
  • Rent & lease terms: Current shareholders also owns the premises it operates from, the owner will consider also selling the building or offering a long term lease to the new business owner.
  • ASSETS AND STOCK:

  • Assets included in sale: Yes
  • Value of assets: TBC
  • Stock included in sale: No
  • Value of stock: +-R400 000
  • GENERAL COMPANY INFO:

  • Employees: Most employees have a long service record, with permanent members averaging 16 years. Staff members and general manag-er willing to stay on.
  • Trading hours: Only week-days, standard factory hours
  • Support & training: Full Support & Training
  • Business Address

    • City: Cape Town
    • Neighborhood: Southern Subborbs
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Anton and Annie
    0797367912
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