BUSINESS DESCRIPTION
This retail store was established in this coastal town ± 14 years ago by the current owner. The business is trading under a well-known international brand but is independently owned.
They stock functional art items in uniquely quirky designs, inspired by all things African, which are sold throughout the world including Europe and in New York.
The range consists of tableware, hollowware, kitchenware, bathroom, desk and office accessories, leather and furniture. All are made in metal, in combination with wood and leather. Each timeless piece is individually handcrafted and therefore unique and charming.
The Functional Art is purchased directly from the manufacturing company specializing in innovative, contemporary designs for the kitchen and home. With their emphasis on functional art, they produce a variety of distinctive and uniquely South African items that are both useful and beautiful to own.
The business is located in a high traffic area and it is manager run allowing the owner flexi time.
The asking price excludes stock of ± R120,000 + VAT. The asking price is based on the asset value plus stock.