Summary

Readymix cement supplier based in Gauteng

Give me more information

Fully describe the business's activities?

Leading, accredited producer and supplier of ready-mixed concrete, to all sectors of the construction industry.
The business operates from a fully automated concrete plant serving large parts of Pretoria and Johannesburg, they also operate mobile plants for clients with high volume demands.
Their ready-mixed concrete is manufactured under computer-controlled operations and transported and delivered on site using sophisticated equipment and methods.

How does the business operate on a daily basis?

They serve a broad array of clients, from individual homeowners to commercial and industrial developers.
They supply the following clients on a daily basis:
- concrete sub-contractors
- commercial and industrial property developers
- residential developers
- building contractors
- homeowners
- pool builders
Products include standard / normal class concrete (designed for residential applications, low-rise buildings, paving etc.) as well as high-performance concrete (designed for high-rise, commercial and industrial projects).

What Advertising/Marketing is carried out?

The company employs 2 x reps employed on a commission basis who do a lot of the groundwork.

What competition exists?

There are other competitors, however this company has built a name for itself in the industry.

How could the profitability of the business be improved?

Greater owner involvement will certainly drive growth.

Give a breakdown of staff/ functions/ length of service?

Salaries breakdown-
1X FEL drivers
1 x batchers
1X admin lady
1X debtors clerk
1x rep
1x rep/maintenance
1x Tipper drivers R 9k plus overtime
1 x general workers R 3500 each
1X plant supervisor R 31k

How involved is the Owner in running the business?

Partially involved.

When does the current lease end?

The seller's own the property.

What are the main assets of the business?

Property - R2,5mil
Assets - Nissan NP 200x2 (2021) R450 000
-FEL liugong (2018) R500 000
- Alutip pup trailer (2019) R500 000
- Powerstar tipper (2021) R700 000
- Complete batching plant
2x 100t silos with office
equipment R 3145 000

Strengths?

- Well known in the industry and centrally located.
- Fully automated readymix concrete plant.
- Customer focus offering a number of solutions to the construction industry no matter the size.