Cane weaving business making various shapes and sizes of baskets and other woven products from its’ factory. The business has been in operation for many years and is known and established. Baskets are sold to various customer groups including the public, hotels, restaurant, shops, supermarkets, packaging and promotional companies. Sales are made through agents in Cape Town, directly from the factory shop, at craft markets, and via an e-commerce online store (web site). Reliable supply lines for cane, koeboe, sea grass, hardboard, paint and other materials used in the production process are well established and some credit agreements are in place. The company relies on local weavers employed to hand-make products. Only a small number of weavers are employed full-time, but there is a large resource of unemployed trained weavers living in the area that are utilised to meet short-term production increases. The factory is equipment with various woodwork and spray painting machinery used in the production process. The business is now being offered for sale to prospective buyers who have the financial resources to expand and grow the business. The future potential of the business is excellent, as it is now well positioned to expand it’s marketing nationally and internationally. |