Functional Gifts Manufacturer

Western Cape

R 2 800 000

Financial Information

Detailed financials available on request

This well-established business is a leading in-house design business with an excellent reputation for original, quality products at very affordable prices. This is a manufacturing business established more than 20 years with a range of artwork themes in an array of functional product ranges: from stationery to home-ware; crockery and cutlery to kitchenware; unique gifts and wall plaques to make-up to handbags. The business has become a worthy contender in the wholesale home-ware and gifting market. Their range is available nationally and internationally. Operated by an excellent team, exciting marketing opportunities, innovative product lines, and artwork themes, this company is well-positioned to meet the international demand for its extensive, original, and quality product ranges. If you are a marketing and sales orientated entrepreneur, this is an opportunity you should consider. This is a business with massive potential for growth, it is waiting for a new owner who can take it to the next level. A creative flair will be beneficial but is not a requirement. This business has great export potential, and the seller is prepared to grow the international market with the new owner. The asking price excludes VAT and stock of approximately R 200,000.

Reason for selling

The owner feels that after many years of commitment and hard word this business has grown to a level where it can be taken over by a person or a family team with similar creative flair, drive an artistic skill. The owner is still actively involved in the business days but may like to consider retirement in the not too distant future. However, the owner would be prepared to assist the new owner in finding their feet. The owner is ready to discuss the possibility of helping with the development of the brand within select overseas markets, but only by separate arrangement and not as a condition for sale.
Annual revenue
R 3,309,738
Monthly cash flow
R 76,288
Stock value
R 200,000