Looking for a profitable business?

1435

Looking for a profitable business?

Asking Price

R2,519,878

Monthly Profit

R48,047

Asset Value

R 1,002,580

Stock Value

R 19,878

Yearly Net Profit

R 576,558

Summary

Chemical milling business for sale. A turnkey business with a consistent and profitable revenue stream.

Give me more information

Fully describe the business's activities?

The company provides chemical milling and etching services on thin materials (<2mm brass or <1.2mm stainless steel), and laser 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. The process is managed by a team of experienced and skilled staff who have been with the company for much of its existence.

What Advertising/Marketing is carried out?

Personal contact

What competition exists?

Nil

How could the profitability of the business be improved?

Reduce headcount - the company is deemed by the management to be "top heavy"
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?

Month to month until renegotiated

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

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

Threats?

Nil, besides the macro economy affecting the business cycle

What is the reason for the sale?

Owner seeking new adventures

Call Seller Message Seller

Contact | Enquire

Malcolm Keevy

South Africa, Gauteng

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