SOLD & Transferred 1 Aug 2024 by ALDES Cliff Bell
Annually rising turnovers (at R7m Feb 2023 & likely to reach R7.5m for 2024 yr-end) & Net Profits (including the owners benefits, shown as R1m in the Report & rising)
Good managers in place that can manage the business while the owner is away.
Long established printing company, with good management, staff & machinery, as well as, a good spread of clients & growth potential.
Lovely owner is retiring after opening the business 20 years ago & has managers in place to operate the business when he has been away.
- Asking Price:
- R1,850,000 Furniture / Fixtures included
- Sales Revenue:
- R7,037,000
- Cash Flow:
- R1,004,000
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The current lease is due to expire February 2026. Presently R27 000pm excl VAT, with an 8% escalation, & 3 year renewal option.
The unit size is 367m², the size of the mezzanine floor is 86m² = total space is 453m²
The premises are within a nice, secure complex in an Outer-West Industrial area close to two main roads/highways.
Business Operation
- Reasons for selling:
-
Owner retiring & moving into the Cape
- Trading hours:
-
Monday - Friday 7:30 - 16:30
- Employees:
- The total staff compliment is 16 excluding the owner.
- Years established:
- 22
Other Information
- Support & training:
-
Owner is retiring & will assist with introductions/training
- Furniture / Fixtures value:
- R1,000,000 - included in the asking price
- Inventory / Stock value:
- R125,000
