Ref. No - BFS11145
South Africa, Western CapeRef. No - BFS11145
Sector - Manufacturing
Summary
This well known pottery business has been successfully operated by the existing owner (and previously his uncle) for many years
Give me more informationBackground and History
The staff assisting him has been well trained and manufacture the garden/patio pots according to strict processes and quality procedures resulting in a highly professional product produced.
The owner has built a reputation amongst private persons/organisations/nurseries/home improvement centres/developers to develop and deliver a high quality and durable product. The owner has other business interests and therefore the reasons for selling.
Products and Services
The products are in the pottery manufacturing industry
Assets
The assets will include all the moulds and equipment to manufacture the pots and all the suppliers and database of clients built up over years
Employees
7
Financials and Forecasts
Turnovers on the business differ between R1,6 million to R1,8 million per annum, cost of sales are very low (+/- 11%) resulting in a very high GP of 89%
Stock levels are around R150,000, whilst the average NP (EBITDA) is around R432,000 per annum
Reason for Sale
Owner is involved with other businesses
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