Wood Manufacturing And Retail Store In Gauteng For Sale

Business description

Wood manufacturing and retail store
The wood manufacturing and retail shop is a free standing house on a busy main road. The ‘colorful display ‘cannot be missed and straight away lets any person wonder if he would not need chairs, shelves or furniture. In the street and next door to the wood manufacturer is an upholsterer, interior designer and a curtain shop which refers and share the clients.
The previous owner started the company 30 years ago, and did not advertise or give it any attention. Six month ago the present owner bought the business and revamped, bought stock etc. and built the company in this short period of time to an organized and well run business. The monthly net. profit is +- R 20K.
The rent is R 7 250.- for 200m2. with a yearly escalation of 10%.
Being a mother of two and running another successful business the seller realized that she has not enough time to concentrate on the wood manufacturing and would like to sell it to a person who understands the trade as well sees the potential this small business offers.
The purchase price is R 450K including the assets, stock of R 80K and a bakkie.

Other information

Inventory / Stock value:

R80,000 (included in the asking price)