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Furniture Manufacturing And Retail Business
Location: Zambia -> Livingstone And Lusaka
Industry: Manufacturing > Furniture Manufacturing




Business Summary

Kubu Crafts areZambia's premier manufacturer and retailer of furniture, fitted furniture, household and office furniture, for businesses, homes and lodges. Kubu Crafts are dedicated to long-term relationships with customers through consistent quality, reliability and innovation.
COMPANY OWNERSHIP: Kubu Crafts L.T.D is owned jointly by Roelf Bosman and Lucy
Renew. They are both South African Citizens, but have been in Zambia for over 23 years and have
resident status.
KEYS TO SUCCESS: Uncompromising commitment to the quality of the end product: quality
wood, quality workmanship, quality design, quality of end result. We supply excellent customer
service before, during, and after products are purchased or ordered. We are export ready and have an
export licence.
LOCATION: We are well positioned, being in both Livingstone and Lusaka to not only supply our own
products, but also the large selection of carved wooden, beaded, woven items, jewellery and accessories made
by local craftsmen in Livingstone, The artisans of Livingstone are poorly represented internationally, and we
feel that this project could really help change that. At both cities, we have strong admin and creative staff who
would be very capable of managing export markets and co-ordinating all the related issues.
Cell Lucy Renew +260-(0)977458576


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $750,000
Cash Flow:   $30,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $200,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1998
Number of Employees:  50 - 99
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes. On-going.
Reason For Selling:  Directors want to pursue and expand their other business which is a restuarant.




Print Listing Id: 700328796
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