Business For Sale,Businesses For Sale,Retail,Custom,Furniture,Lounge,Bedroom,Dining Room,Gauteng Business For Sale
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Profitable Custom Quality Furniture Retailer
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Business For Sale


BUSINESS FOR SALE OVERVIEW


Quality locally produced furniture also allowing for own designed furniture. Top quality workmanship for Dining Rooms, Lounge, Bedrooms, etc. Desirable Johannesburg location


BUSINESS SELLING DETAILS

  Selling Price     850,000   Turn Over Per Month     445,600 
  Stock Included 250,000    Profit Per Month 74,500
  Assets Included  0   R.O.I %  105%
  Total Price   850,000    



BUSINESS MANDATE INFORMATION
 History and Overview Of The Business
Fully describe the business's activities  Retail supply of furniture including custom made lounge furniture
When was the business established? Since 2008
How long has the owner had the business? 10 years
 How Does The Business Operate
How does the business operate on a daily basis Located in retail park, so normal walk in customers and leads from website and social media.
How are the clients attracted to the business? Facebook, website marketing, leaflets.
What Advertising/Marketing is carried out? See above
Does the business have any contract work? No
What competition exists? Usual suppliers of lounge furniture
Seasonal Trends? None
 Financial Information
Vat Registered? Yes
Vat Documentation on File? Registration and returns
Management Accounts? Yes
Audited Financials? Feb 2018
What as Cash/Credit Split? All cash/transfers
Debtors Book Age Analisys N/A
How can you improve the profitability? Source new suppliers
 Is Seller Finance available and if so what is it? No
   Staffing Of the Business
What is the total number of Staff? Two
Staff Breakdown One part time on deliveries One full time store assistant
Staff Special Perks and Bonuses?  No
Are the staff on Contract?  No
Does any of the staff have management potential? No
How involved is the Owner in running the business? Full time
  Premises Of the Business
When Does the Current Lease ends? August 2019
Is there an option to renew? Yes for another 2 years
What is the annual escalation % 8%
What are the Trading Hours? 8h30 tp 16h30 Mon to Fri 8h30 to 14h00 Saturday
What is the square meters? 302 sqm
Is a copy of the lease available? Yes
Do You require a license? No
 Assets Of The Business
Full Asset List available? Stock, fixtures and fittings
 Anything not included in the sale? Vehicles not included. Deliveries are cheaper contracted out.
 What is condition of the assets  Good, none needs repairing
 Any Assets on Lease/HP that Buyer needs to take over?  No
 Are they insured at the moment?  Yes
  SWOT Of The Business
 STRENGTHS Strong customer base. Highly customizable premises.
 WEAKNESSES Lead times and time factor for completion of manufacture
 OPPORTUNITIES Increase stock on hand range, for immediate sale
 THREATS Cheap imports, imitations
 Summary
Why is this a good business Loyal customer base, low overheads
Why is the owner selling it? Owner emigrating


Business For Sale,Businesses For Sale,Retail,Custom,Furniture,Lounge,Bedroom,Dining Room,Gauteng Business For Sale

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have viewed this page since 20 January 2019