Tannery – Unique business opportunity.

Tannery – Unique business opportunity.

• This business is the only one in the Western Cape providing this specific service in preparing and processing wild animal skins for domestic and commercial use.
• The finished products are used as trophies, memorabilia’s, decorations, upholstery, leather articles e.g. rugs, handbags, garments, cushions, etc.
• This tannery is housed on a small holding just outside a very upmarket northern suburb of Cape Town with a country side character and operates from fully equipped 500 m² factory.
• This location is easily accessible by tar road and is well advertised on the Web.
• In its 14 years of operation, with 8 well trained and devoted staff members and a reliable secretary/bookkeeper/sales rep, etc.
• Over this period of time the Tannery has built up a proud reputation and tradition of excellence, attracting lots of private and contract work from all provinces and across our country’s borders.
• A large portion of the turnover of this business is bulk contract work for companies in other provinces.
• The tannery also has a shop on the premises selling retail hide and African art related products to the public.
• The business is company owned. In fact the business consist of three separate companies, each specializing in a specific component in the production of the final products. None of the three companies are VAT registered.
• This business has a lot of potential to expand along with the ever increasing overseas tourist trade in Cape Town and the Western Cape region.
• The turnover for 2021 was R 2.4 million which is the highest in years.
• Stock worth R 370 000 is not included in selling price.
• Lease is of R 17 602.00 per month is in place till the end of November 2022.
• Equipment is worth plus minus R 1 million.
• The owner wants to sell, because he bought a share in a safari farm in the Little Karoo. He is however prepared to train a new owner and be a standby consultant thereafter.