Established Curtains, Blinds & Soft Furnishings In Cape Town For Sale

Description

Business type: curtains, blinds and soft furnishings CMT business

Location: Southern Suburbs, Cape Town, Western Cape

Established: 1988

Trading history: more than 38 years

Current status: established operating business

Profitability: reported as profitable

Products and services

• Custom-made curtains
• Custom-made blinds
• Soft furnishings
• Upholstery
• Bespoke interior décor solutions
• Design consultation
• Manufacturing
• Installation

Fabric library: extensive

Residential projects: active

Commercial projects: active

Customers

• Private homeowners
• Interior decorators
• Property developers
• Fabric suppliers
• Industry partners

Customer relationships: established

Operations

Employees: 6

Skilled team: in place

Financial records: fully updated

Business relocation: possible

Financial information

Annual turnover: R4,400,000

Annual cash flow stated in overview: approximately R950,000

Annual cash flow stated in financial details: approximately R960,000

Pre-tax ROI: 32%

After-tax ROI: 24%

Tax rate used for stated after-tax ROI: 27%

Transaction details

Asking price: R2,950,000

Assets: included

Stock: included

Approximate asset value: R250,000

Stock value at cost: approximately R150,000 to R300,000

Stock VAT: excluded from stated stock value

Premises

Premises: leased

Property size: 141m²

Monthly rent: R23,000

Trading history at current premises: more than 30 years

Physical property: excluded from the sale

Trading hours

Monday to Thursday: 08:30 to 16:00

Friday: 08:00 to 15:00

Expansion options

• Digital marketing
• E-commerce
• Ready-made products
• Retail market expansion
• Additional customer outreach
• Additional interior décor services

Reason for sale

Owner focus: starting a family

Handover and support

Seller handover period: 1 month

Training: included

Buyer requirements

Non-disclosure agreement: required

Financial statements: available after NDA completion

Additional business information: available after NDA completion