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Steel Fabrication Enterprise For Sale

Western Cape, South Africa
Asking Price:
R12,000,000
Sales Revenue:
R13,465,922
Cash Flow:
R3,771,240

This is a significant business that adds value to steel in almost every possible way. Servicing several industries, including the security industry, no job is too small with all work attracting the same dedicated level of service and quality attention.

Very well positioned near major access routes in this Garden Route town, the business has stood the test of time. It has continued to flourish and grow through some tough times, so the formula does work. Revenue for the current year-to-date shows exceptional growth over 2018, with profit exceeding R4,8m.

The administration is one of the keys to success here with reliable systems. Another key to their success is the team of cross-skilled artisans and workers, managed by a successful middle management structure.

The asset base is extensive, and in working condition.

The premises are for sale to the astute buyer and will be a separate transaction to the business sale.

The asking price excludes VAT and Stock of approximately R1m.

Business Operation

Reasons for selling:

Retirement

Trading hours:

Mon - Fri: 07:30 - 17:00, Sat: when needed, Sun: Closed

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