Patented Plastic pole / Dropper Manufacturing concern for sale
Great opportunity to buy a well-established home-based business, outsourcing manufacturing which has already shown growth year on year with 2022 showing a growth of 70%
The business is ever-growing and the demand. The high conversion rate of clients using competitor products
Focus on quality and service: raw material is of a high quality, weather resistant, resilient, and poles do not break easily
Consistent supply of poles as Plastic Pole sources its own raw material
We own more than one Dye, enabling us to manufacture in more than one region, increasing our footprint in SA
The Current Owner is willing to stay on for a full month hand over and continue to supply the new owner with Raw materials at a good price - This business is easily run and is a great one-man business
A business is valued on a P/E of 3 plus stock and cash in the bank as a general rule of thumb.
EBIDTA Value = R 1,451,251( Moulds, Cash)
Net profit for 11 months as per management accounts =R 380,000
Multiplied by a P/E of 3 = R 1,140,000
Selling at R1 million
Own this business today.