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ID: 136 Arrow LEADING OFFICE FURNITURE MANUFACTURING BUSINESS FOR SALE IN JOHANNESBURG
Hot Offer!!
Financial Information
Price:  R 12,000,000  
Total Annual Sales:  R 15,964,000
Profit Before Tax:  R 3,734,400
Stock:  R 3,200,000
Assets:  R 4,500,000
ROI - Return on Investment:  31 %
Category: Manufacturing
Province: Gauteng
Total viewings : 487
Description
This Leading Office Furniture Manufacturing business located in JHB, has built an enviable reputation for the quality and affordability of its products. The business is well located and organised with skilled staff that have been cross-trained in different areas of the production process. Whilst it does have competition in some areas of its product range, it differentiates itself by sticking to its core products, being fiercely loyal to its downstream distribution channels and by cost effectively managing its supply chain. There is the potential for significant multiple fold growth opportunities which can be unlocked by strong marketing efforts. This GEM of a business will suit a hands on investor or group of investors! The Selling price excludes land and buildings which the owner is prepared to lease to the buyer at a market related rate. Alternatively, the safe and secure premises (land and buildings consisting of production facilities, offices and storage facilities) could be purchased for a further R6m.
Business History
Form of Ownership
CC

Year Established
2001

Year of Acquisition
2001

Business Operations
Trading Hours
7am to 5pm Monday to Friday

Full Time Employees
30

Contract Employees
10

Reason for Sale
Health reasons
Business Location
Area
Midrand
 
Province
Gauteng
 
Country
South Africa
 
 
Business Premises
Industrial Space
 4,000 m²

Other Important Details
VAT Registered
:Yes

Financials up to date
:Yes

Employee Contracts
:Yes

Internet Connection
:Yes

Telephone Lines
:Yes

Parking Lot
:Yes

Undercover Parking
:Yes

All assets on file
:Yes

Security
:Yes

In Office Park
:Yes

In Industrial Area
:Yes

Training /Support
:Yes

Business Broker Contact Details
Name
Rizwana Badat
Mobile:  083 792 1007
Fax: 011 2528539
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