021 552 1018

[email protected]

Price Range: From To

Business Description

The firm is a focused manufacturer supplying kerbstones to the civil construction sector. The business has recently transi-tioned away from vibracrete walling, redeploying capacity to its fast-growing kerb division following earlier investment in auto-mated production. The conversion is largely complete, positioning the business as a specialised kerb manufacturer capable of servicing the fast growing municipal and private infrastructure demand. With the heavy plant investment already undertaken, future capex requirements are modest, allowing for strong cash generation. An excellent opportunity for an owner-operator to acquire a streamlined manufacturing operation positioned for steady growth in the civils market.

Business Details

  • Price: R21,000,000
  • Turnover range: +/- R30 000 000
  • Profit range: +/- R4 100 000

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Portfolio reorganisation
  • Business history: 27 year. Second-generation owner
  • Expansion potential:
  • PROPERTY DETAILS:

  • Fixed property included: Negotiable
  • Premises Details: Office 310 sqm; Workshop; 2 x production plants; Yard /storage: 2 550 sqm
  • Rent & lease terms: Owner-occupied. 2 780 sqm. Rent: R75 000; Option to purchase at 11.5m
  • ASSETS AND STOCK:

  • Assets included in sale:
  • Value of assets: At Cost R17m; Book value R5.5m
  • Stock included in sale: Selling price includes stock.
  • Value of stock: R2 000 000
  • GENERAL COMPANY INFO:

  • Employees: 10 salaries staff; 41 factory wage earners. Total 51 Fixed assets:
  • Trading hours: 7:00 am—5:30 pm. Monday—Friday
  • Support & training: A suitable handover period can be negotiated.
  • CONTACT BUSINESS AGENT
    Phillip Rutherford
    0824941913
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