Ref. No - BFS935716
South Africa, GautengRef. No - BFS935716
Sector - Manufacturing
Asking Price
R3,300,000
Monthly Profit
R 29,445
Asset Value
R 1,063,494
Stock Value
R 0
Yearly Net Profit
R 353,345
Summary
Chemical milling business for sale. A turnkey business with a consistent and profitable revenue stream.
Give me more informationFully describe the business's activities?
The company provides chemical milling and etching services on thin materials (<2mm brass or <1.2mm stainless steel), 3D printing and lazer engraving.
How does the business operate on a daily basis?
Orders are received by email. The manager then issues a job card and orders material. A drawing is received with the order (or is on file). The drawing is changed into etching format, a stencil is made and the milling, printing or etching process is completed.
What Advertising/Marketing is carried out?
Personal contact
What competition exists?
Nil
How could the profitability of the business be improved?
Reduce headcount
More professional and efficient marketing processes
More efficient administration
More professional and efficient marketing processes
More efficient administration
Give a breakdown of staff/ functions/ length of service?
All staff have over 7 years service
Do any have management potential?
Yes, all have management potential
How involved is the Owner in running the business?
the owner is 100% involved in running the business
When does the current lease end?
August 2023
What are the trading hours?
Open at 9am, close at 3pm on weekdays
What are the main assets of the business?
The machines as listed on the asset register
Strengths?
A precision engineering business
No competition
No competition
Weaknesses?
Current structure is top heavy
Opportunities?
Increase in awareness will boost revenue
More efficient marketing practices
New markets continuously under development as technology advances
More efficient marketing practices
New markets continuously under development as technology advances
Threats?
Nil, besides the macro economy affecting the business cycle
What is the reason for the sale?
Owner seeking new adventures
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