Filters
LocationSouth Africa, Gauteng

Sector - Manufacturing

Asking Price
R3,700,000
Monthly Profit
R 114,771
Asset Value
R 107,000
Stock Value
R 0
Yearly Net Profit
R 1,377,255

Summary

This business manufacture and repair soft furniture and upholstery for various corporate and individual clients.

Give me more information

Fully describe the business's activities?

Manufacturing and repair of soft furniture and upholstery

How does the business operate on a daily basis?

Clients contact them for repeat business, or new items for a new shop. They then prepare a quote. 60% deposit on acceptance of the quote and full payment before delivery. Products are manufactured in the factory

What Advertising/Marketing is carried out?

Advertise via BNI and website.

What competition exists?

There are other manufacturers but not with such a good reputation.

How could the profitability of the business be improved?

Increase capacity.

Give a breakdown of staff/ functions/ length of service?

5 workers
2 directors
1 helper

Do any have management potential?

No

How involved is the Owner in running the business?

Owner is involved in running the business on a daily basis

When does the current lease end?

Jan 2021

What are the trading hours?

7.30 to 16.30

What are the main assets of the business?

Power tools , compressors, air staple gun, nail guns, sewing machines, overlocker, trailer, vehicles.

Strengths?

They have very good return customer base, and never short of work

Weaknesses?

They have a capacity constrain

Opportunities?

Expand the Capacity

What is the reason for the sale?

The owner is 75 years old and would like to retire

Location

Contact | Enquire

Louis

Louis Aucamp

LocationSouth Africa, Gauteng

Preferred method of contact

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