Ref. No - BFS938208

LocationSouth Africa, KwaZulu-Natal

Ref. No - BFS938208

Sector - Services

Asking Price
R2,900,000
Monthly Profit
R123,960
Asset Value
R 300,000
Stock Value
R 0
Yearly Net Profit
R 1,487,519

Summary

Turning over some R25m pa, this long-established business with qualified staff is positioned for growth.

Give me more information

Fully describe the business's activities?

Our long-established Durban business focuses on the design of office-eating-entertainment-hospitality-hospital-education spaces & the accompanying furniture provision & instillation.
You find the space - we'll fill it professionally !
Established clientele, referrals, sales activated leads, tenders, website, email and walk-in queries, are serviced by the competent staff at the head-office showroom.
The furniture range in the showroom is our own & consignment stock, with additionally required furniture & fittings obtained from an established supplier base and installed by our go-to service provider.
Any shop/office fitting/construction is handled by their dedicated service suppliers.

How long has the business been established?

Over 20 years

What Advertising/Marketing is carried out?

Good website and social media help drive the business

What Balance Sheet and Income Statements are available?

AFS for the last 3 years are available, with the AFS 2026 used within this Report, with these annual figures divided evenly throughout the year (MA's will show monthly variations).
The turnover was R25m with a R1.487m NP including owners benefits.

What is the total staff complement?

10 staff covering : layout design, sales, stock, delivery & finance.
They are all capable of operating the business, with the buyer required for strategy, financial & staff overview,
Office hours Mon- Fri 8h30-16h00

How involved is the Owner in running the business?

The owner used to be hands-on but no longer that involved

Premises Details

A large showroom which houses the offices, is situated in an upmarket suburb of Durban, with rent at R50 000 pm ( excl VAT), while the landlord is open to any lease period.

What are the main assets of the business?

Office furniture & equipment and one delivery truck. All are in good working order and valued at a 2nd hand sale price of R 300k.

What is the reason for the sale?

The Seller is retiring

Why is this a good business?

Long standing. well known business with a strong contingent of qualified staff that only requires new blood to keep the ship sailing in the right direction.
Location

Contact | Enquire

Cliff

Cliff Bell

LocationSouth Africa

Preferred method of contact

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