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Steel, Stainless Steel & Aluminum Business In Still Bay For Sale

Still Bay, Western Cape, South Africa
Asking Price:
R4,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
On request
Cash Flow:
On request

The business has been established for 27 years with the same owner. In the segments that it operates it is the dominant business in the area where it focusses on:
- Products for residential homes (Stilbaai is growing fast)
- Products for builders
- Products for businesses
- They sell wholesale to hardware shops
- They combine steel, aluminum and exotic would to make furniture and they have other innovative products which they produce
They specialize in
- Normal Steel / Aluminum Manufacturing (excluding windows & doors)
- CNC Plasma & Unique design work
- Cutting & Bending
- Sand Blasting
- Powder Coating
- Balustrades & Stairs
- Canopies for bakkies (they have done in the past)
- A small “retail” shop to assist Builders
They can offer a complete service other than Galvanizing, which is sub-contracted for steel. They can do standard work, or they can manufacture something completely unique.

They have not really exploited the area of security – burglar bars & gates.

There are possibilities for volume production in several areas. The marketing effort needs to increase.
It is a solid business which should produce a good return on investment if it is in the right hands. Knowledge of steel works, aluminum and wood will be required by the buyer who also requires some design flare. They buyer can of course recruit someone with such skills if it is treated purely as an investment or the buyer does not have all the above skills.
The staff consists of the owner and seven people. The building will be rented out for R20 000 per month.

The price is R4,5million plus VAT.

Figures will only be discussed after the signing of an NDA.

Only potential buyers who have the funds need show interest. There are no payment terms being offered and there is no portion of the business that is being sold. The buyer will buy 100% of the business.

The seller will assist the buyer for about 3 months after the successful sale.

Property Information

Location:

Stilbaai Kloof Industrial Area

Premises Details:

Kloof Industrial Area, STILBAAI

Business Operation

Expansion Potential:

Stilbaai is growing fast

Competition / Market:

3 to 5 smaller operators

Reasons for selling:

Owner wishes to go into the Retail Food trading field. The owner is close to retirement.

Trading hours:

Mon to Friday 8 to 5

Employees:
8
Years established:
27

Other Information

Support & training:

The owner will assist when required for a period of 3 months.

Financing available:

The buyer is expected to have finance available for the full amount.

Relocatable:
This business can be relocated.