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Manufacturer of Ducting Products Price: R7,200,000* Listed For: SALE Location: South Africa ,KwaZulu-Natal Sector: Manufacturing

Large construction companies pace orders for the supply of ducting requirements in major new shopping malls, hospitals etc

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QUICK INFORMATION

Listed For : SALE
Type : Broker Listing
Selling Price: R7,200,000*
Asset value: R2,000,000
Stock value: R200,000
Yearly Net Profit: R2,165,834
Monthly Lease : R18,600

Trading Hours:

0730 hrs to 1630 hrs Monday to Friday

Reason for sale: The owner is very involved in the Air Conditioning aspect of his main business and would like a BEE buyer to assist in the manufacturing of the duscting supply.

CONTACT

Ian Reich

27836040583

ian@aldes.co.za
Ian joined Aldes in Durban in 2003 and after a couple of years bought his own Franchise branch. Has been a principal since 2005. Ian was an Executive Director of the First Rnd Group for 9 years and prior to that was M.D. of a portfolio management company in the Stock Market Arena, managing both Pension funds and Personal portfolios for clients throughout RSA. Born in RSA Ian was brought up in Rhodesia where he qualified as a school teacher before being appointed as a Headmaster for 5 years. He returned to RSA and became Regional manager for a large manufacturing company in the Eastern Cape and KZN, before moving to Johannesburg to build a career in the Financial Services Industry. Ian returned to Kzn in 2003 after taking an early retirement package from First Rand and joined the Aldes Group. Professional service and the ability to analyse business potential, together with an indepth understanding of Business Annual Financial Statements allows Ian to remain successful in developing his client base.