021 552 1018

[email protected]

Price Range: From To

Business Description

A reputable, 35-year-old shopfitting business known for its quality and craftmanship in manufacturing, installation, and maintenance of shop fittings in solid wood, veneers, laminates, and spray finishes for leading retail clients, including , Total Sports, Pick n Pay, American Swiss and Seattle Coffee Shop.

As a preferred supplier to one of the larger retail groups, the company operates from a modern factory with advanced CNC machinery and a skilled workforce capable of handling both bespoke projects and large-scale rollouts. With the founder retiring, a strong management team remains in place, poised to sustain the business’s profitable legacy.

Business Details

  • Price: R10,000,000
  • Turnover range: +/- R21 700 000
  • Profit range: +/- R4 100 000

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Retirement of founder
  • Business history: 34 years
  • Expansion potential:
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: Factory size: 2 000 sqm. Property owned by seller in a separate company.
  • Rent & lease terms: Rent paid R110 000 p/m. New lease available
  • ASSETS AND STOCK:

  • Assets included in sale: Plant and equipment
  • Value of assets: Cost value R9m, Market value R5m, Book value R1.6m. Included in the price.
  • Stock included in sale: Stock included in selling price.
  • Value of stock: Net current assets: R34 000
  • GENERAL COMPANY INFO:

  • Employees: 36 staff members. Management team includes GM, Production Maintenance, Costing, Financial.
  • Trading hours:
  • Support & training: To be provided. With the founder retiring, a strong management team remains in place, poised to sustain the business’s profitable legacy.
  • CONTACT BUSINESS AGENT
    Phillip Rutherford
    0824941913
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