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Concrete Manufacturer In Gauteng For Sale

Gauteng, South Africa
Asking Price:
R2,650,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R3,334,720
Cash Flow:
R719,247

The company was founded in 2012 to fill the demand for unique high-strength concrete floating blocks in the Gauteng region.

Owner and founder Nathan prides himself in what he does and strives to achieve the best for his clients.

A creative company that is revolutionizing interior design and architecture.

We design and manufacture lightweight, fibre-reinforced concrete furniture, architectural objects, pots and functional design concepts.

Concrete is our playground. Our products are simplistic and timeless.

Our limit is your imagination. The pre-cast brick and paving slabs have been perfected over time...

We are striving to provide our customers with a product that they can be proud of and to complement their home or business.

We have supplied paving bricks, furniture and pots to some of the most prestigious estates and businesses in Gauteng

Opportunity to buy a profitable, proven successful business with all IP, Recipes and assets.

This is a family business and would best suit a family-orientated purchaser.

Highly sought-after niche products manufactured

The business compromises of the Manufacturing plant as well as a retail store.

+K12Demand for their products is continuous, and their loyal long-standing customers keep returning because of their excellent service and availability of stock.

Currently, the Owners are part of the business, however can easily be replaced. Nathan oversees everything from quality control to staffing issues, whilst Candice manages the sales and Admin side of this from home.

Net Profit for the Year Ended 28 February 2022 = R 540,196

Add back depreciation = R 179,051

Ebidta for 2022 = r 719,247

Multiplied by P/E of 3 = R 2,517,365 Million Plus recipes developed over the 8 years IP Value of R 650,000 Plus stock on take over.

Equals to a true value of r 3.1 million selling at R2.65M

Property Information

Location:

Midrand

Premises Details:

Leased

Business Operation

Expansion Potential:

The Business can be split in 2 divisions, The garden pots and features as well as Paving specific
Currently the manufactured products are sold to the retail store as well as a store in Sandton among other clients, mostly of who are Interior designers, Landscapers and Developers.
Client focus and service excellence is what has made this business a success

Reasons for selling:

Relocating

Employees:
12
Years established:
11

Other Information

Support & training:

Full training will be provided

Furniture / Fixtures value:
R850,000 - included in the asking price
Inventory / Stock value:
R250,000 - included in the asking price
Relocatable:
This business can be relocated.