Business for Sale

Furniture Manufacturing Business for Sale

business for sale Specialises in the manufacturing of couches, lounges, cocktail tables and chairs and other equipments to. We have various ranges of furniture available swell as dedicated staff and vehicles. This business is a high margin low overhead business that has no debt and ready for the taking for somebody who has a passion for design and decor. The business for sale as the owner planning to retire. The business has been in operation since 1996 and has built up a reputation for good quality products backed by unparalleled service and attention to detail. Over the years the business has also designed and manufactured furniture for companies as well as individuals. There is a large customer base swell as a fleet of vehicles and loyal staff. This is business has huge potential and is a great cash flow business.

Business Details

REF AB33
Asked Price R 6,500,000
Location Cape Town | Western Cape | Cape West Coast
Business Type Manufacturing
Reason for SellingOwner planning for retirement
Year Established1996
Number of Employees 35
Monthly TurnoverR 1,700,000
Monthly Net Profit R 200,000
Monthly Payroll Expense R 650,000
Movable Assets Value R 3,200,000
Stock Value R 400,000
Owner Oporated Business Yes
This is a Frenchise BusinessNo
Property Included in The Sale No
Seller Will Assist / Train buyerYes
Business is ProfitableYes
Size 1800 M2
Lease Term 8 Years
Monthly Rental R 120,000
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Business Partners South Africa
The Franchise Association South Africa
National Employment Fund
Industrial Development Corporation