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Furniture Store for Sale in Livingstone, Zambia

Manufacturers and retailers of furniture, crafts and gifts based out of Livingstone is for sale.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 230 thousand
Run Rate Sales USD 230 thousand
EBITDA Margin 36 %
Industries Furniture + 1 more
Locations  Livingstone
Local Time 4:43 PM Africa / Lusaka
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 400 thousand (Native Currency: ZMW 10,320,000)
Reason: Directors want to scale down and concentrate on their other cafe business.
Includes physical assets worth USD 230 thousand
Interested to connect with advisors
Documents
Business Overview

- Business is involved in manufacturing of high-end solid wood furniture, crafts, objects d’art for home and businesses.

- Business has presence since the last 24 years where it started manufacturing crafts.

- We design and build furniture for lodges, hotels and soon for businesses and homes in Livingstone and Lusaka.

- Business can manufacture up to 300 products in a month & it may increase depending on client's requirement.

- We have 3 rented stores in shopping complexes & also procured our own factory premises and bought the necessary machinery.

- Footfall would be around 15 - 20 on a daily basis in each of our showrooms.

- Recently partnered with 2 local Zambians to procure necessary timber.

- Have tied up with manufacturers of curios, arts and crafts from Zambia for products.

- Have been assisted by retired professionals from Europe and America IESC to improve quality of products from a good standard to excellent, and export ready.

- Export large and small, furniture and crafts to USA, Dubai & other countries.

Products & Services Overview

- Manufacturer & retailing of furniture for homes, businesses, lodges and hotels.

- Purchase and retail of the high quality curios, arts and crafts from Zambia and regionally.

Facilities Overview

- Workshop in Livingstone of 7,500 square meters and it is owned by the company.

- 3 rented retail stores in popular shopping malls in Livingstone.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder, New York, Financial Advisor connected with the Business
  • Earlier than 15 days
    Managing Partner, Nairobi, Law Firm connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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