Established Hydraulic Engineering Business
R2,350,000 (Excl. Vat and Stock)East LondonListing: #14051
About this business for saleEstablished Hydraulic Engineering Business
The business specialises in all aspects of Hydraulic and Pneumatic Equipment including sales and service as well as design and construction.
The business is well established having commenced trading in the early '80's. It is conveniently located in an established coastal city of the Eastern Cape and services not only this city, but also a large number of the outlying towns in the area and the location is very accessible to Clients.
The business is well known in the industry and has a solid client base. Employees are well trained and competent and this includes Technicians and Sale Reps.
The business also includes a large array of specialized equipment that is all well maintained.
The current owner is involved in the business on a daily basis however, the employees are skilled enough to run the business with limited input from the owner.
Listed at R2,350,000 (excl. Stock and Vat), and with an asset base valued at +/- R1,500,000, this opportunity represents a 30% return on investment.
This business is considered ideal for a buyer with experience and training in the mechanical engineering field.
For more on this great business please contact the listing broker – Greg King (084 556 6166)