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Fibre Glass pool manufacturing based in central Gauteng being operated from rented premises in central Gauteng.
Network of national agents throughout South Africa to assist with marketing and installation.
This unique, well-established pool manufacturing business is in operation for twenty years and has built up an excellent reputation in the market.
It has withstood the test of time and is growing notwithstanding a down-turn in the economy. Income has shown solid growth over a number of years backed by a unique and proven concept of national agents. The trained agents provide personal advice and quotes and ensure successful installation up to final completion.
The business owner is being supported by well trained and very experienced staff, which includes a Factory Manager.
The total price of R2,450,000(VAT, not applicable) includes an asset base of manufacturing equipment with various pool and paving moulds, estimated at R970,000.
EBPITD/SDE profit (Earnings before Proprietors Compensation, interest, tax and depreciation – Sellers Discretionary Earnings) is currently R124,160 per month (R1,490m) equating to an excellent ROI of 61%.
This business will suit an owner wanting to work in the business with a highly skilled and experienced staff and preferably with a flair for marketing and to explore new opportunities.
The business offers tremendous potential to grow using its already achieved reputation and good reference from a very wide national customer base. Also, the current network of agents can be extended to increase sales as the manufacturing facility has ample production capacity.
No risk from credit sales as all sales are on a cash basis or from customer own obtained loan funding.
The product quality is excellent with only the best resin materials and with marine design engineer approval for pool designs.
Existing owner will be available for an extended period of time to assist with training and handover.
Excellent business opportunity with growth prospects.
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