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  • Advance Search
 
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ID: 29 Arrow CAPE TOWN- W/SUBURBS -UPMARKET COUNTERTOP MANUFACTURING AND INSTALATION BUSINESS FOR SALE
Financial Information
Price:  R 1,500,000  
Total Annual Sales:  R 2,793,000
Profit Before Tax:  R 600,000
Stock:  R 100,000
Assets:  R 270,000
ROI - Return on Investment:  30 %
Payback:  30 months
Category: Manufacturing
Province: The Western Cape
Total viewings : 806
Description
The business has been operating since 1995, with the current owner since 2004. It manufactures up market counter tops, furniture and related products under the auspices of an international brand for household and commercial purposes. Commercial businesses such as UCT Laboratories, Engen Garages, BP Convenience stores, MTN etc, have used their services. They manufacture counter tops, bathroom s, desks etc. They operate from a modern warehouse in a industrial area in the Western Suburbs of Cape Town. The building is also for sale for R1.1mil rand. All the necessary equipment is been sold with the business, plus stock on hand is inclusive in the price. The owner is involved in the design and fabrication, but has experienced staff to manufacture the products
Business History
Form of Ownership
cc

Year Established
1995

Year of Acquisition
2004

Business Operations
Trading Hours
8.00-4.00 week days

Full Time Employees
8

Reason for Sale
The seller is “ Gatvol” as he has had the business for 6 years and is over 50 and wants something easier – semi retire. Would suit a younger person that is still full of “fire”
Growth Opportunities
The owner is not a marketer and all his business has been on static adverts egg Yellow pages and from referrals. The potential with a solid marketing programme could increase business considerably
Business Location
Area
Cape Northern Suburbs
 
Country
South Africa
 
 
Business Premises
Industrial Space
 250 m²

Rental Amount
R  12,000

Lease Term in Years
3.00

Other Important Details
Telephone Lines
:Yes

All assets on file
:Yes

Alternative power
:Yes

Training /Support
:Yes

Business Broker Contact Details
Name
Richard Owen Thomas
Phone: (+27)82-5613471
Mobile:  (+27)82-5613471
Fax: 0866554695
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