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PROFILE |
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Description: |
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The business started by specialising in tool and die-making for the plastics industry and today are suppliers of components used across South Africa's main industries. Pipeline development and unique products ensure good growth and restricted competition. The asset resale value alone far exceeds to asking price. There is an opportunity to purchase the operating premises.
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Industry / Sector: |
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Manufacturing |
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LOCATION |
| State / Province: |
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Western Cape RSA |
| City / Town: |
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Western Cape |
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Location / Area: |
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Western Cape |
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Portability: |
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Zero Portability - This business can only operate from the area specified. There is no potential whatever for it to be relocated elsewhere.
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PRICE |
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Asking Price: |
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R 11 000 000
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| Conditions: |
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Cash |
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FINANCIAL & OPERATING INFORMATION |
| Turnover: |
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R 441 000 per month
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| Profit: |
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R 55 500 per month
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| Annual Return: |
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6
% per annum
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| No. of Staff: |
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6 |
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Year Established: |
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1972 |
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Legal Persona: |
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- unknown or withheld - |
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Other Information: |
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PRODUCTS
A major product is used to fasten solar panels to roofs and they also developed the Aeroponic Tubes. This patented product can be registered in a buyer's name.
They are also part of a project to develop and supply closures for soft pack bottles which is expected to be implemented towards end of 2026.
ASSETS
The estimated second hand asset value is R14 million which is well in excess of the asking price. This would be re-established at the time of due diligence.
PREMISES
There is an opportunity for outright purchase of the operating property at around R11 million
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