Profitable Timber Product Manufacturing Business
About this business for saleProfitable Timber Product Manufacturing Business
This long established business has been in the timber industry for over 40 years. The business processes rough sawn timber into a number of wood products. These vary from Doors, Door Frames, Window Frames, timber flooring etc. The business has a very good reputation in the industry and is well set up and located.
The business supplies the Building Merchants, Hardware outlets and DIY stores. It’s location allows it to easily source raw materials from the nearby saw mills. It is also centrally situated to supply it’s customers.
The business is extremely Profitable and generates a Net Profit (EBPIDT) of R 2,253,464 per year. The current asking price is R9,000,000 (excl. Stock and Vat). This includes assets to the value of R6,500,000. This relates to a Return on Investment of 25% or a monthly payback period of 47 months.
The business also owns several trucks to transport the product to suppliers.
In addition the premises from which the business operates is also available for sale at R6,500,000. The premises are large and well designed for the business operation.
The owner would also be willing to negotiate a lease should the buyer not be interested in buying the property.
For more information on this great business please 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.