Franchised Aluminium Door & Window Manufacturer –
About this business for saleFranchised Aluminium Door & Window Manufacturer –
This very well-known business was established over 13 years ago. It is well positioned in this very popular coastal town where it manufactures aluminium doors and windows to specification.
It also supplies and installs their products to a large area within the Eastern Cape.
The business is operated from leased premises and the 2-year lease was renewed in December 2013 with an option to renew for an additional 2 years.
The owners have made a decision to retire and to sell their 75% share of the business. An owner’s son will retain a 25% shareholding and he is considered integral to the business in terms of his contacts, expertise and proven track record.
This creates a wonderful opportunity for a serious buyer interested in acquiring this type of business.
The asking price for 75% is R6,000,000 (excluding VAT and Stock).
There is an additional opportunity of acquiring a 25% share of the building that the business operates from, valued at R3.5 million. There are other tenants and therefore other rental income. The 25% share is for sale at R875,000.
For more information on this great opportunity, please contact the Listing Broker –
Neville Loader (071 327 5916)