- This factory was established 14 years ago in JHB East and is manageroperated.
- Trading Hours Monday to Friday, 8am to 5pm.
- Seller/Owner visits briefly for admin purposes a couple of times each week.
- Operated by 17 x permanent and experienced staff as well as 5 x parttimers.
- Seller secures high value development contracts annually which this factory is responsible for producing.
- The seller also operates a project management company which relies on this factory and will continue doing so when the factory is sold.
- Recent independent valuation of manufacturing assets: +/ R1.6 million.
- Annual Turnover R8, 950 000.
- Average EBITDA profit in excess of R120 000 monthly.
- Seller is also the owner of the property on which this factory operates.
- Rent of R23 000 per month with marketrelated annual escalation.
- Purchaser will need to have +/ 4 months of initial working capital available for business monthly expenses.
- Seller is fully occupied at his project management business and wants to end his responsibilities at the factory.
- Asking Price: R3.9 million (excluding stock / materials on hand at takeover time)
Further information will only be shared upon signing of an NDA and Proof of Funds
