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This company is a dynamic, innovative, and personal flooring company, established in 2009 by the owner. They take great pride as a premium supplier and importer of sustainable flooring solutions to both residential and commercial environments, nationally and internationally. The business has shown steady growth since inception despite owner being a single parent and only working half days. It is well positioned for further growth organic growth with the introduction of new ranges and new products.
As a member of the South African Wood, Laminate and Flooring Association (SAWLFA), the Green Building Council's ‘Green Builder’ product range they deliver flooring that captures beauty, healthy living and the elegance of natural looking wood without impacting on the sustainability of our living forests.
They have a driven and passionate team that is committed in assisting their clients with all their flooring needs. Their head office is situated in Gauteng, with expert sales agents available nationally.
They research, discuss trends, design, test and produce products within the flooring industry that offer beautiful results with as little impact on the environment as possible. Important factors always considered in the development process include: Eco-friendly, sustainability, quality, technical performance, durability, affordability, easy installation, practicality, warmth, comfort, water resistance, slip resistance and hygiene.
With warranties of up to 20 years, their flooring is the next generation flooring solution.
They are committed to the environment, sustainability, their customers, delivery, and their passion for a perfect flooring solution in all environments no matter how large or small.
Their products look and feel like wood, easy to install, hygienic, eco-friendly, durable and sustainable.
They do not have any installation capabilities. They are an importer and distributor and supply to resellers, who have their own installation teams or sub-contract the work.
Asking Price R 10,000,000.00
EBPIDTA 2018 R 4,177,009.00
ROI 28 months/41%
Asking Price Excludes VAT if applicable stock and differential between debtors and creditors. Transaction can be zero rated for VAT purposes depending on terms of purchase and/or purchasers VAT status. Average stock-holding is R 12,000,000.00.
The business owns two properties they operate from. The distribution warehouse in Johannesburg valued at R 8.3m and a warehouse in Cape Town valued at R 2.0m. This can be purchased in a separate transaction or rented from the owner.
Real Property Included
Distribution facilities in business park
Owned warehouses in Johannesburg and Cape Town
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