Asking Price
R795,000
Monthly Profit
R14,654
Asset Value
R 587
Stock Value
R 75,000
Yearly Net Profit
R 175,853
Summary
Opportunity to acquire a reputable coffin and urn manufacturing business. Catering to funeral homes with high quality products and craftmanship.
Give me more informationFully describe the business's activities?
Manufacturing of infant coffins and caskets, adult coffins and caskets, cremation boxes, zinc liners and crates for the transportation of coffins and caskets for air freight, and also Urn Boxes. All Coffins / Caskets are fully trimmed
How does the business operate on a daily basis?
Orders received from customers are scheduled according to date required
Stock is built in accordance with usage trends
Deliveries are scheduled early morning and late afternoon
Purchases are scheduled in accordance with orders after morning delivery
Stock is built in accordance with usage trends
Deliveries are scheduled early morning and late afternoon
Purchases are scheduled in accordance with orders after morning delivery
What Advertising/Marketing is carried out?
Word of mouth.
What competition exists?
Coffin Manufacturers in surrounding towns
How could the profitability of the business be improved?
Increased marketing
Give a breakdown of staff/ functions/ length of service?
1 x Coffin Builder/spray painter (23 Years)
1 x Temp employee - sanding
1 x owner performing multiple tasks (11 Years)
1 x Cleaner (11 years)
1 x Temp employee - sanding
1 x owner performing multiple tasks (11 Years)
1 x Cleaner (11 years)
Do any have management potential?
No
How involved is the Owner in running the business?
100%
When does the current lease end?
property owned by owner
What are the trading hours?
08:00 - 16:00
Monday to Friday
Monday to Friday
What are the main assets of the business?
Equipment, Stock and tools
Strengths?
23 Years experience
16mm wood is used to manufacture all coffins.
All coffins are secured with glue, nails and screws.
All Coffins / Caskets are fully trimmed
Manufacturing of customed ordered coffins as needed
16mm wood is used to manufacture all coffins.
All coffins are secured with glue, nails and screws.
All Coffins / Caskets are fully trimmed
Manufacturing of customed ordered coffins as needed
Weaknesses?
Marketing
Opportunities?
Marketing to increase customer base
Threats?
Aging Workforce
What is the reason for the sale?
Retirement and physical demands of the work

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