021 552 1018

[email protected]

Price Range: From To

Business Description

The business supplies machinery and associated equipment to the automotive fitment industry.

It has a long-standing sole agency with a respected international brand which it imports. This is supplemented with a wide range of associated equipment which it stocks for the same industry.

The business has a Cape Town head office and a Gauteng branch.
It has been owned for 30 years by the founding family, who are now planning retirement.

Business Details

  • Price: R35,000,000
  • Turnover range: R100 000 000
  • Profit range: R7 700 000

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Retirement planning
  • Business history: 30 years in operation
  • Expansion potential: Gauteng is a growing region.
  • PROPERTY DETAILS:

  • Fixed property included:
  • Premises Details: Cape Town head office and warhehouse - 750 sqm Gauteng - Regional office and warehouse - 1200 sqm. Agencies in smaller regions.
  • Rent & lease terms:
  • ASSETS AND STOCK:

  • Assets included in sale: Furniture and fixtures
  • Value of assets: R400 000
  • Stock included in sale: Yes
  • Value of stock: R18 000 000
  • GENERAL COMPANY INFO:

  • Employees: 50
  • Trading hours:
  • Support & training: An Appropriate handover period will agreed upon.
  • CONTACT BUSINESS AGENT
    Phillip Rutherford
    0824941913
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