021 552 1018

[email protected]

Price Range: From To

Price Range: From To

Business Description

Manufacturer of quality paints and specialised coatings, with a factory in Cape Town and distribution centre in Gauteng.
Supplying retail, contracts market, and government entities – throughout Africa.

Business Details

  • Price: R7,400,000
  • Turnover: R 36 000 000
  • Actual Profit/Year: R 2 300 000
  • Turnover range: R 36 000 000
  • Profit range: R 2 300 000

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Succession planning
  • Business history: 24 years
  • Expansion potential:

    • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: Cape Town 2 000 sqm Factory and Head office. Johannesburg branch office and warehouse
  • Rent & lease terms: Cape Town R110 000, Johannesburg R20 000 | Cape town 3 years remaining / 5% escalation. Renewable

    • ASSETS AND STOCK:

  • Assets included in sale: Yes
  • Value of assets: R 3 900 000
  • Stock included in sale: No
  • Value of stock: R 5 000 000

    • GENERAL COMPANY INFO:

  • Employees: 36
  • Trading hours: 8—5 pm 5 days per week.
  • Support & training:

    • Contact info

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    Phillip Rutherford
    CONTACT BUSINESS AGENT
    Phillip Rutherford
    0824941913
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