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Business Service Industry In Hermanus For Sale

Hermanus, Western Cape
Asking Price:
R650,000
Sales Revenue:
R4,000,000
Cash Flow:
R700,000

Factory has a large spray room and also hand painting area.

The main divisions of the business are Built in cupboards and kitchens.

They have categorized their kitchens, built-in cupboards and furniture as:
• Country / Farm style / Classic look includes styles such as shaker doors, V-Groove, maritime and raised panel finished with duco, paint techniques and stains. Hardwood tops are popular with these finishes.
• Modern Contemporary styles include the use of high gloss materials, duco, stainless steel and glass with concepts such as suspension, floating and angular designs. Engineered stone such as Ceasarstone, Hanstone & Surrino worktops are popular additions.
• Standard Style kitchens make use of Melamine’s, PVC wrap, Devon and Formica or granite worktops.

Area of operation is only Hermanus. They have an 80% closing rate.

They mainly rely on walk-in clients and repeat business form their current customers. They do not work directly with builders; however, they will do the job should the builder refer the client directly to them. 20% of work is generated by businesses. Excellent showroom at the Checkers centre which generates 80% of business via walk ins.

Factory can handle double the current work load if another designer is appointed.

Suppliers are paid on 30 day terms and some COD.

Cash flow for first month’s trading is approximately R100 000.

Manual system on excel is using for bookkeeping purposes.

Property information

Real Estate:

Lease

Lease Terms:

3 years with an option to renew for another 3 years

Leasehold Rent:

R472,512 per annum

Location:

Excellent location of showroom and factory

Business Operation

Reasons for selling:

Owner would like to focus on his other business

Trading hours:

Showroom Trading hours:
Monday to Friday 08:30 – 17:00
Saturday 09:00 – 16:00
Public holidays 09:00 – 14:00
Sunday Closed

Factory
Monday to Thursday 07:30 – 16:30
Friday 07:30 – 15:30

Employees:
8
Years established:
Since 1993

Other Information

Inventory / Stock value:
R400,000
Relocatable:
This business can be relocated.

Contact Information

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