Manufacturing Wood Products & Furniture In South Coast For Sale

Business description

The business is in a unique position in that it is the only regional supplier of modular cupboard doors associated with more up market kitchen and built in cupboard designs. The business was established early in 2010 and has shown year on year turnover growth of 37%. This is indicative of the strong position the business has in the market in which it operates.

Property information

Location:

South Africa - Kwazulu Natal - Lower South Coast

Premises details:

Situated in an industrial area in a popular south coast town

Size in square feet:

500 sq m

Business Operation

Expansion potential:

- decorative components for modular furniture;
- mainstream shop fitting and corporate image upgrades;
- ancillary products utilizing offcuts from current processes.

Competition / Market:

Currently, the nearest competition is located 140 km away which gives the business a distinct competitive advantage when it comes to service and pricing.

Reasons for selling:

The owner has the opportunity to manufacture machinery used in this industry and this is where his real passion lies. It will not be possible to focus on both activities simultaneously.

Trading hours:

Office hours are 7am to 5pm monday to friday. The second factory shift runs from 10pm to 6am monday to friday. This shift is supervised by a shift supervisor. At times, it may be necessary to open up for a few hours on a saturday morning to allow customers to collect urgent orders.

Employees:

13

Years established:

since 2010

Other information

Support & training:

The owner will provide support and training

Furniture / Fixtures value:

R1,097,316 (included in the asking price)

Inventory / Stock value:

R70,000