Established Manufacturing/BEE Opportunity/Exports
R25,000,000Pretoria - CentralListing: #14863
About this business for saleEstablished Manufacturing/BEE Opportunity/Exports
This is a well established and very profitable manufacturing business based in Gauteng.
The business was started by the present owner many years ago and has built up a reputation in the local and African export markets for a quality and proven range of manufactured products.
This company's products are built to withstand any harsh conditions. Only the best quality, well-known branded components are used in the construction/manufacture of their products.
The company offers a full warranty and spare service.
The prices of the products are very affordable, as the middleman is cut out. Products are sold and distributed directly to users.
The premises rented by this company is purpose built, excellent and safe.
This manufacturing business has a loyal, stable and a very experienced workforce in place, This includes an experienced production manager.
Business has built up a large and loyal customer base. Demand is growing for the excellent and reputable product range as is evident by sales growth 25% higher year on year.
Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation) based on historical trading amounts to R645,000 per month.
The Asset base equipment are very neat, including three vehicles.
The price of R25m excludes stock to the value of +-R1,0m and VAT (if applicable).
The reason for selling is that the owner needs capital to start up a non-related project that he has been offered.
Working capital requirements are very low with sales only being done on a cash basis including the taking of upfront deposits.
The manufacturing business has real potential to grow further.A BEE owner will definitely open local opportunities for increased sales and profits.