Sector - Manufacturing
Manufacturing athletics track and field equipmentGive me more information
Fully describe the business's activities?
This business is the market leader in manufacturing and installing sports and athletics track and field equipment in Africa. They are a one stop shop for all sport apparatus, from soccer goal posts to hurdles, high jump mats to rugby posts, they make it all! They boast an impressive track record by supplying almost all of the track and field equipment for the world youth games.
How does the business operate on a daily basis?
This company is briefed on the clients needs, these are then manufactured according to world ruling sport bodies specifications and supplied to the client.
What Advertising/Marketing is carried out?
They have a website and rely on well established relationships in the market. All equipment manufactured is branded with the company logo providing much exposure.
What competition exists?
Niche' market, no direct competition. A couple of companies import similar equipment but no real competitor in the manufacturing space.
How could the profitability of the business be improved?
Better BEE status and an aggressive marketing strategy.
Give a breakdown of staff/ functions/ length of service?
All staff have been with the company for an extensive period.
Do any have management potential?
Yes. One of the shareholders is willing to stay on in the business.
How involved is the Owner in running the business?
When does the current lease end?
Seller owns the building. The building is also up for sale should a buyer be interested.
What are the trading hours?
07h00 - 15h45, Mon - Fri.
What are the main assets of the business?
Detailed asset list available. List includes but not limited to manufacturing equipment, vehicles, tools, forklift and office equipment.
Market leader, well established in the market. Experienced staff. Exports are US dollar based.
Export market. Local government contracts.
What is the reason for the sale?
Majority shareholder is looking to retire. Minor shareholder looking to stay on in the business or sell depending on buyers preference.
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