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Long-Standing Furniture Manufacturer Steel- Upholstered Chairs -cased Goods In Sandton For Sale

Sandton, Gauteng, South Africa
Asking Price:
R2,000,000 Furniture / Fixtures included
Sales Revenue:
R13,800,000
Cash Flow:
Under R100K

This long established manufacturer of a range of Furniture products are now selling the content /machinery of factory at unbelieveable value.

We good negotiate a 12 month lease with landlord or you could move equipment in December over shutdown.

You can decide to take employees or not , excellent workers 30 to 40 operators. we have Buyer, Costing , 2 x foreman, spraypainters also available but it's not a deal breaker.

Previous Financials AFS are available

Property Information

Location:

Near M1

Premises Details:

N.a

Business Operation

Expansion Potential:

Into retail and supplying more Clients

Competition / Market:

Other furniture manufacturers

Reasons for selling:

Dispute re funding

Trading hours:

Mon to friday

Employees:
40
Years established:
30

Other Information

Support & training:

3 months, if required

Furniture / Fixtures value:
R4,000,000 - included in the asking price
Inventory / Stock value:
R1,000,000
Related Documents:
Relocatable:
This business can be relocated.
Distressed:
This business is a turnaround opportunity.