Profitable Precision Engineering Company
About this business for saleProfitable Precision Engineering Company
This precision engineering company was established in 1994 and has been successfully run for the past 20 years.
The business has a well known established brand name in the engineering field and is known for doing work at the highest standard. The owner is selling as he wishes to retire.
The business is fully equipped and also includes a 1 ton pick-up. All equipment is well maintained and is in excellent condition. The staff are also well trained, experienced and very capable.
The business has a large client base from which is generates repeat work, thus minimal marketing is currently done on the business.
Increased marketing is definitely and opportunity to for the new owners to increase the market share of the business.
The business is well situated in an industrial area and offers very easy access to all clients.
Very well priced at R 1,600,000 excl. Vat., this business offers a return on investment of 43% and/or a payback period of 22 months.
Should you be interested to find out further please do not hesitate to contact the listing broker – Greg King (084 556 6166)
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.