Western Cape business specializing in pivot irrigation manufacturing

1713

Western Cape business specializing in pivot irrigation manufacturing

Asking Price

R4,200,000

Monthly Profit

R116,739

Asset Value

R 1,338,273

Stock Value

R 3,000,000

Yearly Net Profit

R 1,400,864

Summary

This business is well established and is situated in the agricultural hub in Western Cape. The business specializes in the manufacturing of center pivot irrigation and take pride in their after sales service.

Give me more information

Fully describe the business's activities?

The business specializes in the manufacturing and erecting of pivot irrigation systems (Talbert and Zimmatic) as well as repairs and maintenance thereof.

What Advertising/Marketing is carried out?

The only advertising carried out is on the calendar of a local Radio station.

What competition exists?

Their competition in the area is a local farmer and two other companies in nearby towns supplying similar services.

How could the profitability of the business be improved?

The profitability could be improved by adding products such as micro irrigation and pumps

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

Receptionist, 2 x workshop , 4 x irrigation building\erecting and 1 casual

How involved is the Owner in running the business?

The owner is full-time involved in the daily running of the business

When does the current lease end?

The owners of the business are also the owners of the building and they are prepared to enter into a long-term lease agreement. The building is also for sale @ R 3,5m.

What are the trading hours?

Trading hours are from 7H30 till 17H10
Closed on the last Friday of every month

What are the main assets of the business?

The Main assets of the business are the vehicles, machinery and workshop equipment

Strengths?

The business is well established in the farming community for the past 22 years

Opportunities?

The main opportunities are to extend the business radius to include other nearby farming communities and towns and to increase the product range by including pumps and micro irrigation systems

Threats?

The normal threats associated with this kind of agricultural business.

What is the reason for the sale?

The owner wishes to retire.

Call Seller Message Seller

Contact | Enquire

Hugo Tallie

South Africa

Preferred method of contact

Mobile

Email

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