Verified Listing
Posted on May 30, 2019 / 131
Price : R4,500,000
Listing Type : Furniture
Location : Johannesburg
Ref. No : 2562
Year Established : 2011
No. of Employees : 15
Lease Term : Oct 2019
Turnover : R 1 231 791
Cost of Sales : R 443 225
Expenses : R 663 855
Net Profit : R 124 710
Asset Value : R 3 322 734
Stock Value : R 5 035 391

A very lucrative outdoor furniture business which has been well established overseas since 1990 and was introduced in SA 6 years ago.

The business has an extensive client base of Architects, Interior Designers and Retail stores. This business offers the finest range of contemporary, exclusive, luxury, high end outdoor lifestyle furniture, from sofa sets, dining sets to sun loungers and everything in between, at reasonable prices.

A majority of the products are imported with some of the accessories locally manufactured. The business has a warehouse as well as retail stores and showrooms in Sandton and in Cape Town with a total of 13 reliable employees.

Hours of Operation: Mon to Fri 08h00 – 17:00 and Sat 09:00 – 13:00

The asking price of R 4,500,000.00 excludes stock.

Mfundo Nhlabati – Head Office