Ref. No - BFS00335
South Africa, Western CapeRef. No - BFS00335
Sector - Manufacturing
Summary
If you are a creative/innovative person with experience in the carpentry/woodwork/cabinet fitting business, then this business is for you
The services include traditional cutting/edging boards, handcrafted solid wood furniture, bar units, bathrooms, bedrooms, decks, doors, balustrades- in fact the whole full range of relevant products
The owner has built this business up over 20 years and wishes to retire now- but the owner is open to suggestions regarding the selling of a % shares and continuing on a basis to be decided and agreed with a new owner
The area and surrounding towns where this business is situated in, had a growth much higher than the rest of the Western Cape and definitely more than the rest of SA, and is continuing on this growth phase
Besides this, more and more people (due to increase in the interest rates and building a new home), are deciding to renovate their existing home increasing the base of possible clients, besides the existing database built up over 20 years of satisfied clients
Another possible extension of the business, would be buyers of homes and sellers of homes where alterations/fixing needs to be done
Give me more informationHow long has the business been established?
2007
Is the business VAT Registered?
Yes it is VAT registered
Assets – a full list of assets- (incl the factory power equipment) is available- the value of these assets at replacement value amounts to R2,4 million
Sales amounts to an average of R367,800 per month
GP amounts to 51% average thus equals R187578
NP (EBITDA) including add backs amounts to R38,957 per month
Selling price
R1,6 million- this includes stock which will be determined on take over date
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