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Fully Established Engineering Workshop In Durban For Sale

DURBAN, Jacobs, KwaZulu - Natal, South Africa
Asking Price:
R3,800,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R2,600,000
Cash Flow:
Not applicable

The business is currently located in a 550sq.m workshop situated in Durban, Jacobs. Over the past 14 years we have increased our clientele considerably, having secured a number of vendor numbers with small, medium and large enterprises. The workshop comprises of 6 x lathes, 2 x turret milling machines, 1 x universal milling machine, welding equipment, 150 ton press, surface grinders, 5 moss radial arm drill and a gantry with a long list of small equipment. We are located in an industrial area with close proximity to many required suppliers. The sale of this business is due to retirement of the owner, who has almost 40 years of experience in the field, and is willing to mentor or ease the new owner into the business if preferred.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Location:

Business is located in an industrial area situated around many suppliers.

Premises Details:

The premises includes toilet and shower facilities as well as office space. It has 380 phase voltage to run machinery.

Size in square feet:
550

Business Operation

Expansion Potential:

Expansion is possible, as the size of the workshop caters for it.

Reasons for selling:

Retirement

Trading hours:

7.00 to 16.00

Employees:
6
Years established:
14

Other Information

Support & training:

As the owner is close to retirement, he will be available fro support and handover when needed, as he has almost 40 years of experience in the industry.

Furniture / Fixtures value:
R4,000,000 - included in the asking price
Inventory / Stock value:
R300,000 - included in the asking price
Relocatable:
This business can be relocated.