"Selling your business is our business"
"Selling your business is our business"
Fully describe the business's activities?
Our long-established Durban business focuses on the design of office-eating-entertainment-hospitality-hospital-education spaces & the accompanying furniture provision & instillation.
You find the space - we'll fill it professionally !
Established clientele, referrals, sales activated leads, tenders, website, email and walk-in queries, are serviced by the competent staff at the head-office showroom.
The furniture range in the showroom is our own & consignment stock, with additionally required furniture & fittings obtained from an established supplier base and installed by our go-to service provider.
Any shop/office fitting/construction is handled by their dedicated service suppliers.
How long has the business been established?
Over 20 years
What Advertising/Marketing is carried out?
Good website and social media help drive the business
What are the seasonal trends?
Mid Jan to April benefit from new budgets and July to Oct before budgets expire.
Is the business VAT Registered?
Yes with all VAT submission up to date and on file
Are there up-to-date Management Accounts available?
Yes, produced a month in arrears, showing varying Income and expenses pm.
What Balance Sheet and Income Statements are available?
AFS for the last 3 years are available, with the AFS 2026 used within this Report, with these annual figures divided evenly throughout the year (MA's will show monthly variations).
The turnover was R25m with a R1.487m NP including owners benefits.
What percentage of the business is cash/credit?
The majority is credit
What is the age analysis of the debtors book?
R3.4m at 30-45 days, which is similar to the Cr's.
What is the total staff complement?
10 staff covering : layout design, sales, stock, delivery & finance.
They are all capable of operating the business, with the buyer required for strategy, financial & staff overview,
Office hours Mon- Fri 8h30-16h00
How involved is the Owner in running the business?
The owner used to be hands-on but no longer that involved
Premises Details
A large showroom which houses the offices, is situated in an upmarket suburb of Durban, with rent at R50 000 pm ( excl VAT), while the landlord is open to any lease period.
What are the main assets of the business?
Office furniture & equipment and one delivery truck. All are in good working order and valued at a 2nd hand sale price of R 300k.
What is the reason for the sale?
The Seller is retiring
Why is this a good business?
Long standing. well known business with a strong contingent of qualified staff that only requires new blood to keep the ship sailing in the right direction.
