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Asking Price$1,765,000
Revenue$2,876,100 Established2017
Cash Flow$466,100 Employees21 full-time
FF&E$1,282,000* FranchiseNo
Inventory$295,000* RelocatableYes
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
BUSINESS PROFILE
• The Company was established in with a view to producing custom printed textiles and wallpapers locally in South Africa and thus circumvent the drawbacks of importing and manufacturing abroad.
• The business was started with zero capital investments. The team has organically grown the business and made a name for itself in the Design Industry as a reputable, quality driven and trustworthy company. They have worked with some of the best designers and artists in the country where their printed fabrics and wallpapers are admired consumers.
• Textiles was once a thriving industry in South Africa, but as a result of the influx of imports and contraband products, the industry has been crippled.
• Their mission is to revive the SA textile industry with digital printing being the starting point. Digital printing allows for the production of custom designs in usable formats, it gives designers a platform to showcase their work, and it allows for shorter lead times, lower minimum order requirements and quicker order processes (Especially with the advancements of the Pigment Ink Technologies available from the preferred equipment supplier).
THE OPPORTUNITY
• This Investment Opportunity outlines a major expansion project aimed at establishing the business as a major stakeholder in the custom printed fabric market for South Africa and throughout Africa.
Facilities:Factory, Showroom and offices. Details are available on application with a signed NDA.
Competition:The above process flow is a basic representation of how the businessacquires clients by making use of dedicated agents, sales representatives and an e-commerce platform to channel custom printed fabric or wallpaper sales to the print production line. • A customer would have the choice of printing an exclusive / custom designed artwork OR they have the option to select a pre-existing design from their extensive design catalogue. This catalogue consists of in-house design options (designed by their graphic design team), as well as the unique content offered on the artist’s platform. • The artworks are then approved by the customer where a sample would then need to be printed for approval in the case of large quantity orders. For e-commerce sales, samples may be requested before committing to printing larger orders or to check if customer is satisfied with the base fabric they select for print via the online shop. • Once the sample has been approved, the order is sent to the machine for print via an automated print rip software. • The printed fabric can then be shipped or collected by the customer from the factory dispatch.
Growth Potential:• The business will build on their current customer base. • They will appoint Sales Representatives and Agents. These Agents or Representatives services’ will be dependent on their geographical location. • Remuneration packages, by commission only or by a combination of Basic Salaries and commissions will be managed within 5% of the turnover. • They will focus on SEO and online marketing to ensure a strong online presence and to drive steady traffic to the e-commerce platform as one of the main points of sales. • A strong social media presence with promotion through their artists and they will work with and utilize social media influencers in South Africa, Africa and throughout the globe to reach a broader market. • Facilitate regular Factory visits and educational/development programmes to showcase the print process and get customers excited to support local manufacture. The development programs will be aimed at creating a stronger desire to understand more about the digital print industry and to create a greater demand for printed textiles, to in-turn create more jobs in the industry.
Training/Support:In-house
Seller Financing:Seller requires finance to expand the business
Sale Reason:Seeking Investor to facilitate Expansion
Ad #133129
Seller Reference #Fab1107
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Contact This Seller
Fred Broom
Fair-Bro International Group
+27825834851
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