Office Furniture And Office Equipment Business For Sale

Business description

A long established, very well branded local company supplying office furniture and equipment to the Zululand area for the past 28 years. Ideally situated to service both Empangeni and Richards bay as well as the rest of Zululand. Customers include all the the major companies in the area as well as many of the smaller businesses. A large part of business over the years has been supplying schools and government departments.

Property information

Real Estate:

Lease

Lease terms:

A new lease will be negotiated. The seller owns the property.

Leasehold rent:

R480,000 per annum

Location:

Prominently positioned on a popular road front facing the car park of a major shopping centre.

Premises details:

A large modern airconditioned showroom with warehouse and workshop. Ample parking and with good access,

Other information

Expansion potential:

This business has huge BEE potential. It could unlock govenment, schools and large business markets.

Competition / Market:

Waltons compete on the office furniture business. Game and Matrix Warehouse compete for computer business.

Reasons for selling:

The owner have run this business for 30 years and now feel they need a break.

Trading hours:

08hr00 to 17hr00 Monday to Friday

Furniture / Fixtures value:

R678,000 (included in the asking price)

Inventory / Stock value:

R220,000 (included in the asking price)