Summary

The business manufactures glass containers for the pharmaceutical and cosmetics industries. Blue Chip clients. Excellent profits.

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Fully describe the business's activities?

Manufacturer of specilaised glass containers used in the pharmaceutical and cosmetic industries. The company also prints on glass containers for clients and packages and fills the containers for some clients with the clients products.

How does the business operate on a daily basis?

Manager/machine setter opens and closes the business on a daily basis. He also ensures all machines are up and running for the day. Owner signs of all purchases and operates at a strategic level. Orders from clients are processed by sales dept and there is a resident bookkeeper in place.

What competition exists?

None really on the local manufacturing side.

How could the profitability of the business be improved?

If the new owners are interested - government work could be very large. The owners have not really pursued this revenue stream.

How involved is the Owner in running the business?

The owner is involved in the business on a daily basis. However, the staff are able to run the company in his absence for holidays etc.

When does the current lease end?

The current lease end in February 2022.

What are the trading hours?

Monday to Thursday: 7.30 am to 4.30 pm. Friday: 7.30 am to 1.30 pm.

What are the main assets of the business?

Glass vessel manufacturing machines; labelling machines; filling machines; glass cutting machines; test tube machines; "dropper" machines; bagging machine; assembly machines for teats and caps; plastic wrapper machine; 1 x 8 Ton Truck; 1 x bakkie; office furniture and equipment; computer equipment.