021 552 1018

[email protected]

Price Range: From To

Price Range: From To

Business Description

A thriving electrical engineering workshop specialising in the design and manufacture of motor control panels, PLC panels and electrical distribution boards for factories, underground mines, chemical plants and public utilities. The business has an impressive list of well-known customers nationwide, and a considerable pipeline of new projects. It has an experienced management team who together hold a significant share of the equity and are committed to staying on.

Asking price: R15 000 000 (for a 52% share)

Business Details

  • Price: R15,000,000
  • Turnover range: +/- R57 000 000 p/a
  • Profit range: +/- R7 600 000 p/a

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Retirement of majority shareholder
  • Business history: In operation for 36 years.
  • Expansion potential:

    • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: 600 sqm factory/workshop
  • Rent & lease terms: Owner occupied—lease negotiable

    • ASSETS AND STOCK:

  • Assets included in sale: Fixed assets and net working capital
  • Value of assets: +/- R1 200 000
  • Stock included in sale: Yes, as well as debtors and creditors
  • Value of stock: +/- R1 400 000

    • GENERAL COMPANY INFO:

  • Employees: 33
  • Trading hours: 8am—4:30pm. Monday—Friday
  • Support & training: Competent management team in place.

    • Contact info

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    Phillip Rutherford
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    Phillip Rutherford
    0824941913
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