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Asking Price$134,000
Revenue$163,000 Established1997
Cash Flow$25,200 Employees9 full-time
FF&E$40,000* FranchiseNo
Inventory$13,400 RelocatableYes
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Well known and well established timber distribution business for sale for the discerning buyer. The business has been in existence for 13 years. The sale price includes all machinery and a forklift. This business cuts to order, joins and provides cabinet making to a lesser degree. No other business in this region does the same and as such this business has no direct competition. This business has established and reliable timber suppliers with these supplier relationships having been generated and maintained for the past 13 years.
Facilities:Anchor tenant in large underutilized premises. Plenty of room for expansion. Evergreen rental agreement in place. 1000 sqr meters of space
Competition:No known local competition in the Eastern Cape and Border area. This business cuts to order, handles joinery and cabinet making (to a lesser degree). Other business in the same sector offer only standard cuts, no machining, cutting to order or joinery is performed. This business charges less than those businesses in the same sector and thus is able to maintain its competitive advantage
Growth Potential:No active marketing is done. All revenue to date is pure word of mouth. The new owner would be able to grow the business substantially by implementing a simple advertising campaign. This business also has BEE potential
Training/Support:The current owner will undertake a period of “Due Diligence to ensure a smooth handover to the new owner
Sale Reason:The current owner wishes to sell due to health reasons
Ad #14186
Seller Reference #035
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MN Brokers
MN Brokers
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