Sector - Manufacturing
Well known Namibian name selling with assets, offering a turnkey manufacturing setup in Steel WorksGive me more information
Fully describe the business's activities?
This manufacturing steel works business specializes in modifications to truck & trailer bodies. This is an asset sale which offers a turnkey set-up to manufacturing a variety of steel work products. The assets include machinery and equipment, office furniture and equipment, vehicle and the brand name with owner design templates. Training on the factory machinery, computer software and design programme is offered with the asset sale.
When does the current lease end?
As this mandate is an asset and trade name sale, there is an option to take over the current lease which ends in 5 years. Renewal of the lease can be signed for 2 to 3 years.
There are endless opportunities in the steel manufacturing business. The equipment and machinery is capable for diversity in the market by changing its manufacturing product line to almost all types of steel works. This in turn gives the buyer flexibility of manufacturing their own products.
What is the reason for the sale?
The current owner needs a change and has other business opportunities which will not allow enough time to manage this business effectively. He has decided to sell as an asset sale including his brand name and steel work designs.
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