Detailed financials available on request
The subtle difference with this opportunity is that over 90% of the production goes to markets outside of the Garden Route. The factory produces pine stack-pack furniture and even the sawdust and shavings are processed and sold. The furniture is targeted at the affordable middle market, and is of indisputably excellent quality. The team of 43 are well trained, with a majority having over 5 years experience. The current customer base is limited, and herein lies the significant opportunity value of this manufacturing resource. There is production capacity and there are markets which have not been serviced to date, for good reason. The new owner should have the vision and the energy to open new market relationships and profit therefrom, including export markets. The new owner need not have any experience in the furniture industry, nor in woodworking; the team manage the production processes very well. The business will require good management and disciplined administration from the new owner, as well as growth in the customer base. This is a rare opportunity to acquire a world-class business in the Garden Route which does not rely on the Garden Route for its sales. The asking price excludes stock and VAT. .