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R690 000 sale price, excl stock of some R30 000, with a NP of some R352 000 for the 2018/19 financial year, off a turnover of some R2.9m (pretty stable over the years)
Industry established name that with good staff, assets & steady turnovers, provides an excellent base from which to grow the business.
A long established installer of awnings, carports, patio shelters & gutters. Although some materials are not altered much, shade cloth is cut & sewn in the factory, while gutters could be bent into shape in the factory or on-site.
8 excluding the owner/CEO:
1 X sales who can assist owner with spec's, design & quoting
1 x receptionist/sewer
5 full-time factory & site installers, who with a part-timer - form 2 teams who are slightly specialized
3 1-ton Bakkies fitted out to carry their specific materials, 2 gutter machines, 2 presses for forming, & loose tools.
They are valued on a 2nd-hand basis of R200 000 for the bakkies & R250 000 for the other machinery/tools
280m2 unit in an industrial complex within the Outer West Area of Durban at some R11 000pm, at escalation rate of 9% pa, with normal 3 yr lease available
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