Thriving Joinery Business for Sale – A Rare Opportunity!
Looking for a lucrative, well-established business with a solid track record? This highly successful joinery business, operating since 1992, is up for grabs and ready to continue its incredible legacy!
What We Offer:
Specializes in mass production of wood products for schools, hospitals, clinics, and libraries
Built-in cupboards and solid surface tops for homes
Renowned across the country with a stellar reputation
Projects that span a wide range of industries, ensuring diverse revenue streams
Projects and Contracts:
Work in Progress: R22 million
Awarded Contracts: R4.7 million
Potential Projects: R14 million ready to be taken over!
Financial Snapshot:
1. ROI - 36% (Excluding equipment, furniture and property)
2. GP % - 63%
3. Gross Profit - R13 mil
4. Net Profit pa - R 4 mil
5. Annual Turnover - R 21 mil
6. Break Even Turnover - R 15.7 mil
7. Stock of R1.5 mil (Not Included in the asking price)
8. Building Included - Valued at R 6 mil
9. Equipment and furniture included - Valued at R 4.1 mil.
10. Asking Price - R21 000 000-00 (Excluding VAT).
* If the buyer is VAT registered, a zero VAT rate would apply
* Annual financial statements for the past 3 years are available upon signing of an NDA.
This business is booming, and the ONLY reason for the sale is the owner's well-deserved retirement after three decades of success.
Don’t miss out on owning a proven, profitable business with a pipeline of guaranteed future revenue! Step in and take this brand to even greater heights.
Inquire today – your future awaits!
* Please take note of the following:
1.All photographs used in this ad are generic to protect the identity of the business
2. Only serious buyers with funds or access to readily available funding will be considered.
3. No owner financing or creative payment options will be entertained.
