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Two Reputable Modern Furniture Retail Brands For Sale

Pretoria East, Gauteng
Asking Price:
R4,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R18,000,000
Cash Flow:
R590,000

2 established modern, high-end furniture brands for sale. The one brand has already been established since 2011 that mainly entails imports. The other furniture brand is 2 years old and is a combination of local as well as imported goods. Both appeals to the high LSM groups although each appeals to different niche markets. These brands includes a wide variety of furniture product ranges ranging from Leathers Sofas to Beds and Mattresses to Dining and Living Room Furniture to Outdoor Furniture and Sculptures.

It is high quality and very unique offerings to the public and commercial properties with all the necessary suppliers and agreements in place.

If interested please contact the seller through the form on this page.

Property information

Real Estate:

Lease

Lease Terms:

1 year. 1st option for renewal.

Leasehold Rent:

R696,000 per annum

Premises Details:

790sqm of showroom and 450sqm of warehouse

Size in square feet:
13,300
Planning Consent:

N/A

Business Operation

Expansion Potential:

Massive. Geographical expansion as well as product expansion via selling stock on hand (currently only working on customer order sales).

Competition / Market:

SHF, Cielo, Essops

Reasons for selling:

Other business interests.

Trading hours:

9am - 4pm Weekdays. Saturdays 9am -1pm

Employees:
7
Years established:
8

Other Information

Support & training:

1 Month Hand Over. 95% of operations are currently being handled by the employees.

Financing available:

It is a very good idea therefore we require a once off lump sum.

Furniture / Fixtures value:
R100,000 - included in the asking price
Inventory / Stock value:
R1,600,000 - included in the asking price
Website:
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Relocatable:
This business can be relocated.

Contact Information

    1. Your Address

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