Sector - Manufacturing
Well established Engineering factoryGive me more information
Fully describe the business's activities?
General Engineering, Welding and Fabrication Workshop based in King Williams Town, the second largest town in the Buffalo Metro region. The business manufactures a range of products, with its main focus being surrounding industry and farming community.
How does the business operate on a daily basis?
The business manufactures products on demand from customer base in the region.
What Advertising/Marketing is carried out?
Established clients in region continued business as well as word of mouth
The King William’s Town (KWT) area and surrounds is a spatially fragmented area with King William’s Town being the main urban area. The other urban areas are situated on the outlying areas and include Bhisho, Ginsberg, Zwelitsha, Phakamisa, Breidbach, litha and Dimbaza. - King William’s Town serves as a secondary node in the Buffalo City region. King William’s Town functions as a Regional Service Centre and together with Bhisho, is the Provincial Administrative Hub and contains the seat of the Provincial Government of the Eastern Cape Province. - Buffalo City Metro currently has major developments under consideration in three areas of strategic priority, identified due to the need to address infrastructure and service backlogs, which have hindered development. The priority areas and respective projects are as follows:
• The central urban core (East London and Mdantsane): Projects in this sector focus on the redevelopment of the inner-city and the Amalinda Junction Precinct. The municipality will implement a sewer tunnel project which will allow for the development of residential units. This will aid in the densification in the city over time.
• West Bank area: These projects entail augmenting bulk water and wastewater treatment infrastructure to ensure sufficient capacity to accommodate forecasted industrial and commercial investments. The successful completion of the projects will also provide the infrastructure required for IDZ to function optimally.
• King William’s Town (“KWT”) and Bhisho: The construction of a corridor between Bhisho and KWT will support the initiatives to consolidate Bhisho as the provincial administrative capital.
How could the profitability of the business be improved?
Fresh outlook, prefabricated products and visible marketing in region would yield positive results on revenues of the business.
Do any have management potential?
How involved is the Owner in running the business?
The owner is hands-on and actively involved in the business.
When does the current lease end?
The new owners would be able to continue the lease of the premises.
What are the trading hours?
Monday to Thursday 8 to 17:00 and Friday 08:00 to 15:00
What are the main assets of the business?
Engineering Machinery, such as Lathes, Milling Machines, Drill press, Welders, Guillotines, Pipe Rollers and Benders, Profile Cutters, Grinders, Hydraulic Press, Block and tackle, Pipe Threaders and Dies, Belt Sander, including Isuzu Bakkie
This business history is over 5 decades, with well established customer base
The current owner focus is on new ventures, therefore the business development side is currently receiving diluted attention.
There are a number of developments planned by local government as part of the overall planning to further develop the region as a logistical hub, by having a fresh approach to the business, combined with BEE ownership structure the business could secure additional business outside of its current established customer base.
Failure to pursue additional revenue streams in business could stagnate the growth of the business.
What is the reason for the sale?
The owner will be moving and pursueing farming.
Access to the number one business broking tool to get your business sold.
We've got you covered!
We offer an innovative and intuitive
solution for selling your business, franchise and premises
your business for sale
the right audience
More businesses you may like
More similar, inspiring businesses for sale
YNP - R 195,941
YNP - R 1,960,286
YNP - R 631,747
Get the latest information, valuable tips and share in the professional knowledge of business experts on selling or buying a business
Have you been on the lookout for car washes on sale in South Africa? Look no further because Busines
Franchising isn’t always the cheapest way to start a business, but luckily there is a growing numb
Finding affordable franchises in South Africa can be very easy, thanks to Business for Sale. We alre
The decision to sell a franchise is a big one that should be planned and prepared for carefully. If
Starting out as a business broker may seem daunting; there are many who have been in the business fo
There are many small business owners who successfully manage to sell their businesses without using