Office Furniture Supplies Business In KZN For Sale

Business description

This company specialises in sales and service of office equipment and furniture as well as the sale of office supplies such as printer cartridges. Supply and installation of computers and computers networks.

This business was established by the current owners in 1978 it is very well branded in the
area. It has been trading from the current premises for about 15 years.

The business premises consist of a large modern showroom for the display of office
furniture and equipment. Clients either vist the show room or reps visit clients. Office layout designs are offer free to customers. Larger companies and government departments
usually go out on tender for office requirements. BEE certification would be a definite added advantage in this area.

This business is a household name in Zululand having been in business in the area for 28
years. Very well positioned premises with good access and road visibility.

Property information

Real Estate:

Lease

Lease terms:

Favorable terms can be negotiated

Leasehold rent:

R360,000 per annum

Premises details:

The premises are owned by the seller. A new lease will be entered into with the buyer.

The showroom, offices and boardroom are 350m2. The warehouse and store rooms are
390m2 and there are 5, double, lockup garages

Business Operation

Expansion potential:

The business is trading well, however new management could unlock new opportunities.
Marketing has been low key in recent years. Huge potential can be unlocked.

Competition / Market:

There are a number of office supply businesses in the area including Game and Waltons. However their business model is different and advantage can be leveraged from their shortcomings

Reasons for selling:

The owners have been in this business for 28 years are are looking for a change. The business has traded very well for 28 years. It is very well established and well known i the area with a lot of regular customers. It now needs new energy and vision to take it to the next level

Trading hours:

Trading hours are 08hr00 to 17hr00 Monday to Friday

Employees:

The business employs 12 persons from sales staff to technicians and deliveries A full list of staff is on file.

Years established:

Established for 28yrs

Other information

Furniture / Fixtures value:

R520,000 (included in the asking price)

Inventory / Stock value:

R210,000 (included in the asking price)