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Instrumentation Board Manufacturer In Durban For Sale

Durban, KwaZulu - Natal, South Africa
Asking Price:
R2,500,000
Sales Revenue:
R10,400,000
Cash Flow:
R1,700,000

Open to offers around R2.5m for a reasonably quick deal with hopefully an electrical buyer to make the handover easy.
R1.7m of NP for the owner (including benefit addbacks).
Control Board Manufacturer serving the greater Durban market for over 20 yrs, supplying & installing products to the water reticulation & sanitation plant suppliers/repairers, for use by the end client (private & municipal). The owner is qualified (electrician with wiremans licence) & designs the control instrumentation, before staff build then install the control boards.
A new owner/manager should be equally qualified/capable.
Excluding the owner: 1 Admin & 6 technical (all have over 10 yrs experience as wiremen - with one being a qualified electrician).
An external qualified electrician is available when required on projects, as are casuals.

Property Information

Real Estate:

Lease

Location:

Suitable unit in Outer West Durban

Business Operation

Reasons for selling:

Emmigrating

Other Information

Relocatable:
This business can be relocated.

Contact Information

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