Ref. No - BFS937418

LocationSouth Africa, Gauteng

Ref. No - BFS937418

Sector - Manufacturing

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 information

Fully 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

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)

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

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

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
Location

Contact | Enquire

Joe

Joe De Gouveia

LocationSouth Africa, Gauteng

Preferred method of contact

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