Empangeni Carpet And Flooring Business For Sale

Business description

This very well established business operating in the Zululand are for the past 30 years is part of a national franchise specialising in floor finishes for homes, offices, hospitals, hotels, lodges and so on. The well experienced teams are trained in fitted carpets, vinyl tiles, ceramic tiles, wooden floors and specialized floors. This business is the company of choice for the local building industry and is also very well known among the general public.

Property information

Real Estate:

Lease

Lease terms:

This will be negotiable as the seller is also the landlord.

Leasehold rent:

R18500 per month per annum

Location:

The premises are located on an arterial road in the industrial area with very good road front exposure and good access. It is very well positioned to serve the entire Zululand area.

Premises details:

The showroom doublesup as a warehouse and office for the business. It has recently been upgraded and has samples of most avaiable floor finishes on display. Staff are very well trained and extermely obliging.

Other information

Expansion potential:

The area is fairly well catered for by the business. Growth of the business will happen naturally because of the rapid growth and developement in the area. Possible new areas for expandtion could be into Mocambique .

Competition / Market:

The nearest serious competitor is 100km away. however on large projects competitors form elswhere in the province do competer for tenders. However the established nature of this business and its strong buying power through its network of franchises place it in a very comfortable position in the compertition stakes.

Support & training:

The seller will prove sufficient training to the purchaser to ensure a smooth transfer of the business.

Reasons for selling:

The seller intends to emmigrate.

Trading hours:

Normal trading hours are 07hr00 to 17hr00 Monday to Friday. This may vary on contracts with tight schedules.

Furniture / Fixtures value:

R1,110,000 (included in the asking price)

Inventory / Stock value:

R550,000 (included in the asking price)