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LocationSouth Africa, Gauteng

Sector - Manufacturing

Asking Price
R3,922,000
Monthly Profit
R 93,333
Asset Value
R 3,250,000
Stock Value
R 422,000
Yearly Net Profit
R 1,120,000

Summary

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Background and History

The business was established in 2005.

Products and Services

The business manufactures wooden based products to the Shopfitting, Kitchen & Office furniture sectors.

Assets

Full compliment of Italian imported machines, all of which are well maintained and in good working condition.

Employees

Staff numbers vary depending on managements appetite to take on more orders. Averages around 18. Some staff have been employed for 15 years.

Location, Building and Lease agreement

Premises are leased

Financials and Forecasts

AFS available, as well as sales reports, asset registers and access to any other info is welcome

Reason for Sale

The one partner is immigrating, remaining partner is coming up for retirement

Conclusion

The business is long established, has no debt and has well implemented processes that stem from when the business was ISO9001 accredited.

Location

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Will

Will Howard

Preferred method of contact

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