"Selling your business is our business"
"Selling your business is our business"
Fully describe the business's activities?
Retail sales of bespoke Furniture, Accessories, Pictures & Wall Art. Consistently great quality South African wooden Furniture is sold. Customers can choose their fabric from a large range available, this enables them to customize their upholstered furniture pieces. Large variety of Accessories & Framed Pictures This is a great selling point, which makes the business unique in their market.
How long has the business been established?
Since 2002
How long has the owner had the business?
Since 2023
How does the business operate on a daily basis?
The Retail shop is open 7 days per week. Opening hours Monday â Saturday 09h00 â 18h00 Sunday & Public Holidays 09h00 â 15h00
How are the clients attracted to the business?
Currently in a Prime Location in Regional Mall. Marketing. Unique & Bespoke Furniture & other Deco Items.
What Advertising/Marketing is carried out?
Facebook Marketing. Google Advertising. Mall Marketing. Whats app Marketing. Word of Mouth.
What competition exists?
National retail outlets
What are the seasonal trends?
None other than Festive Season, when customers spend their year-end bonuses to purchase more furniture and accessories. Other than this period, the monthly income is consistent.
Is the business VAT Registered?
Yes
What VAT documentation is on file?
VAT documentation available to qualified buyers.
Are there up-to-date Management Accounts available?
Yes last 12 months to March 2026 are available
What percentage of the business is cash/credit?
Cash â 20% Credit Card & Electronic Transfers â 80%
How could the profitability of the business be improved?
Securing cheaper shop space to reduce the extremely high rental and mall costs
Is Seller finance available and for what amount?
No
What is the total staff complement?
There are four staff including a Manager.
Do any receive special perks or incentives?
Certain staff have commission incentives
Are they on contract?
Yes
Do any have management potential?
Manager in place
How involved is the Owner in running the business?
Oversees operations , finances , stock control and marketing
When does the current lease end?
June 2026
Is there an option of renewal & what period?
Yes but suggestion is to find cheaper premises or incorporate into an existing operation
What are the trading hours?
Monday â Saturday: 09h00 â 18h00 Sunday & Public Holidays: 09h00 â 15h00
What is the square meters of the business?
Retail Shop: 233m² Storeroom: 47 m²
What are the main assets of the business?
Computer, Printers & Point of Sale Program Large Customer Data Base Kia K2700 & Flatbed Trailer Shop Fittings & Signage Cell Phones x 3 Surveillance Cameras Suppliers with negotiated discounts Well Trained Staff members
Asset list on hand.
What is their overall condition?
All in good condition
How have they been valued ?
The assets have been valued by the owner.
Are they presently insured?
Yes
Strengths?
South African manufactured Furniture, Large customer base, good staff , quality products
Weaknesses?
Current high rental costs in mall
Opportunities?
Large Customer base in the local area that can be marketed too. Interior Decorating can be added to the business as a service. Online marketing & Sales can be added. Credit Sales arrangements.
Threats?
Difficult local economy
What is the reason for the sale?
The owners wish to pursue and focus on their other business interests
Why is this a good business?
Opportunity for an entrepreneur in the industry to take over assets & stock at cost or for a startup operation it provides all the necessary stock ,assets, customer base and online website to start trading immediately.
