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LocationSouth Africa, Mpumalanga

Sector - Manufacturing

Asking Price
R750,000
Monthly Profit
R 7,094
Asset Value
R 200,000
Stock Value
R 0
Yearly Net Profit
R 85,124

Summary

This well established 23 years paint powder coating business has a good client base and has been around for a long time.

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Fully describe the business's activities?

The business is a 23 year well established paint powder coating business.

How does the business operate on a daily basis?

The business takes in items from clients who wish to paint them various colors but the method used is power coating. This is done by means of powder coating machine spraying and baking it in an oven. The business has no contract work but supplies its service to the general public and businesses. The premises from which the business operates has a huge spay booth and oven where the work is undertaken. The business undertakes some work for the aviation industry, the automotive industry and the furniture industry.

What Advertising/Marketing is carried out?

The business does not market or advertise its services it operates only by its regular clients and word of mouth referrals. There is opportunity to expand and develop the business by undertaking some marketing and advertising

When does the current lease end?

There is no lease in place as the seller owns the property and is willing to offer the prospective new owner a lease or the purchaser can move the business to wherever he wishes but this may impact the business due to the fact that the long standing clients are familiar with the location. There will be a rental deposit required as well as the first month’s rental payable upfront

What are the trading hours?

The business operates from Monday to Friday 7:30 to 17:00 and is closed on public and religious holidays.

What are the main assets of the business?

The main assets of the business are the spray gun, the compressor, the spray booth and the baking oven. There is limited office furniture. There is an asset list on file. All the assets are fully paid for and are the unencumbered property of the seller. The assets are in a working condition. All the assets as listed on the asset inventory are included in the sale and purchase price of the business.

Location

Contact | Enquire

Johan

Johan van der Merwe

LocationSouth Africa, Mpumalanga

Preferred method of contact

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