Established Solid Wood Furniture Manufacturing Business For Sale

Description

Business type: solid wood furniture manufacturing

Trading history: more than 20 years

Current status: established operating business

Profitability: reported as profitable

Business model

Manufacturing model: factory-direct

Retail sales: active

Standard furniture production: active

Custom furniture production: active

Products

• Beds and bedroom furniture
• Dining tables and chairs
• Cabinets
• Sideboards
• Storage units
• Wine racks
• Butcher blocks
• Lamps
• Custom-designed solid wood furniture

Wood types

• Blackwood
• Oregon Pine
• Oak
• Yellowwood
• Imbuia
• Stinkhout
• White Pear

Customers

Loyal customer base: established

Repeat retail clients: existing

Referral business: existing

Demand for standard furniture: established

Demand for custom furniture: established

Operations

Experienced workforce: in place

Skilled manufacturing staff: in place

Operating systems: established

Production processes: established

Supplier relationships: established

Property

Property: included in the sale

Erf size: approximately 1,989m²

Lease dependency: none after acquisition

Transaction details

Asking price: R14,500,000

VAT: excluded from the asking price

Sale structure: lock, stock and barrel

Business operations: included

Business assets: included

Property: included

Expansion options

• Increased production
• Additional retail partnerships
• Online sales growth
• Expansion by an existing furniture retailer
• Expansion by an existing manufacturer

Buyer requirements

Non-disclosure agreement: required for further information