Filters
LocationSouth Africa, KwaZulu-Natal

Sector - Manufacturing

Asking Price
R1,950,000
Monthly Profit
R -69,167
Asset Value
R 1,950,000
Stock Value
R 350,000
Yearly Net Profit
R -830,000

Summary

It is selling for R2.3m being the value of the assets, stock (74 specs/drawings free), etc. The 2 000m2 top quality building is some 8m high, on a 4 000m2 stand & selling for R5.5m.

Give me more information

Fully describe the business's activities?

Manufacturer of - Fire engines, personnel transporters, buses (13-60 seaters), trailers (fire, water, cane, wood - flat, tip) - with 74 drawings - for Mitsubishi, Isuzu, Toyota, Hino, Mercedes, Iveco, Fuso - the NATIS numbers are in the Sellers personal name & he is willing to remain involved until they have been moved into the new businesses name (for a fee or merely use his drawings/specs to regain approval).
Also a general fabricator.
Fully capable staff (boiler makers etc)
Various metal fabrication machinery, a fully fitted machine tool room, 6mx8mx5m spray booth, various tools

How does the business operate on a daily basis?

Existing clients request quotes for vehicles & products that are as per past designs or specific (from their drawings or as per owners interpretation). Client orders were as high as R15m pa, but without marketing/business development, they have fallen back to some R6m. The building & plant has capacity for an approx R20m pa turnover.
With designs of work in place, the floor manager & staff are more than capable to built the vehicles, with metal work done on site, while components are ordered in.
Spraying of the units is done as they progress within their own 6mx9mx5m spray booth.

What are the main assets of the business?

A full computer generated list with pictures is available:
Various machines - drills, mills, lathes, grinders, polishers, rollers, guillotines, presses, saws, compressors, welders, forklifts, 80 KVA generator,
Numerous power tools, vices, trolleys, benches, shelving, screens
Spray booth & extractor - 6x9x5m
Office equip, computers, printers
ALL - in good condition, well maintained and valued at a second value of some R1.95m
FURTHER - There can be an arrangement with the Seller to use the Natis Numbers in his name for a fee or merely use his drawings/specs to regain approval.

What is the reason for the sale?

Owner wishes to retire (& use his recreational toys built in the workshop) - while the new owner can bring in a new desire to push business development

Location

Contact | Enquire

Cliff

Cliff Bell

LocationSouth Africa

Preferred method of contact

Logo
Access to the number one business broking tool to get your business sold.
We've got you covered!

We offer an innovative and intuitive

solution for selling your business, franchise and premises

Promote

Promote

your business for sale

Advertise

Reach

the right audience

Gain

Gain

more exposure

Sign up for our Sellers' Portal Affordable monthly packages
Man

Knowledge Bank

Get the latest information, valuable tips and share in the professional knowledge of business experts on selling or buying a business

Buyers

Buying Your First Business

As an entrepreneur, you are always on the lookout for a new opportunity, or to compare your business

Checking the Numbers

Before taking over a business, one should always conduct a proper due diligence. In fact, it is ad

Sellers

What makes a great Business Coach?

A great ActionCOACH first and foremost has a passion for business, as well as a passion for helping

Common Mistakes to Avoid when Valuating an Online Business

Unlike other businesses, the online venture may not have any tangible assets such as property, machi

Employees - The Cornerstone of any Business

Employees drive the goodwill of the business and in the case of a change in ownership represent cont