Designer Kitchens Manufacturing Company
R17,000,000Garden RouteListing: #14919
About this business for saleDesigner Kitchens Manufacturing Company
LINK is proud to present this very well-known and respected designer kitchen and cabinet manufacturing company. The business operates from an immaculate, large, freehold premises in the Garden Route.
The business has a proven reputation for designing and manufacturing kitchens and cabinets of the highest engineered standards for homeowners and architects alike. The business and premises are being sold together for R17,000,000 plus VAT as the owner is retiring. The building is valued at about R5M. The equipment asset value is approximately R9,400,000.
This high-end business has been in operation for 11 years and has built a solid reputation with their extensive client base made up of namely architects and property owners. As one of the industry's leading manufacturers, this bespoke business has introduced a European level of quality with state-of-the-art equipment producing the highest quality products with immaculate finishes.
The business is owner run and managed, with the assistance of two full time staff members who have been a part of the team since the company started 11 years ago.
The business is extremely systemized and the owner has developed software programs for costings, quotes and cutting lists. The owner is assisted in the business by a factory foreman and an assistant.
The business premises comprising of pristine factory and show rooms has plenty of space for expansion. The owner says that this factory with current demand is capable of producing up to R3M worth of product per month should the staff compliment be increased to up to 9 staff and extra installation sub-contractor teams recruited. The owner suggests that this business needs to be scaled up with at least 2 to 3 extra manufacturing staff.
The business has state of the art, high-tech equipment including CNC cutting machines, with an asset value of approximately R9,400,000.
Full-training and handover will be given (up to 6 months). The total asking price is R17,000,000 plus VAT.