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LocationSouth Africa, Western Cape

Sector - Manufacturing

Asking Price
R4,000,000
Monthly Profit
R 70,303
Asset Value
R 200,000
Stock Value
R 40,000
Yearly Net Profit
R 843,636

Summary

Based on exclusive international supplier agreements the business manufactures and installs top end features for private and commercial property developers

Give me more information

Fully describe the business's activities?

After the quote has been accepted and a 65% has been paid, the company manufactures the requested products. With the installation another 25% are payable. The products manufactured are based on exclusive international supplier agreements and cater for the top end market of (private and commercial) property developments. All workmanship is completed with highest standards of product and service.

How does the business operate on a daily basis?

Confirmed orders are manufactured in the factory and assembled/installed on-site after a sizable deposit has been paid

What Advertising/Marketing is carried out?

See above as well as listing the company on different websites

What competition exists?

Various, but this company delivers top quality at competitive prices

How could the profitability of the business be improved?

Sales Reps, more teams, working with architects, opening an office in Joburg

Give a breakdown of staff/ functions/ length of service?

3 frameless glass installers, 2 gate and balustrade installers, 1 welder

Do any have management potential?

Yes

How involved is the Owner in running the business?

Owner is daily involved overseeing the manufacturing and installation process, wife doing quotations, invoicing and admin

When does the current lease end?

May 2020

What are the trading hours?

Weekdays 8am - 4:30 pm

What are the main assets of the business?

Vehicles and Tools

Strengths?

Top quality of products and services, strong referral base of satisfied customers, exclusive arrangements with overseas suppliers, unlimited scalability

Weaknesses?

At the moment the business still has a small market share

Opportunities?

Build up a national network of agencies, first and foremost in Gauteng

Threats?

Not enough capital for growth

What is the reason for the sale?

Family commitments overseas

Location

Contact | Enquire

Pieter

Pieter De Beer

LocationSouth Africa, Western Cape

Preferred method of contact

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