Toilet Roll Converting and Packaging Factory
Drastically reduced price, goodwill removed !!!
We Supply the Low cost toilet roll industry only.
Please note !!!
This is a recession proof business, we were open right through the lockdown..
REASON FOR SELLING
This business initially had 2 partners, 1 partner passed last year feb due to covid, the deceased partners family are now also partners in the business totalling 8 people all in all.
Due to the size of the business and the amount of partners among who not all are agreeing on the same terms, it was mutually decided to sell the business,
None of the current partners are in the position to buy the business from the other partners.
In order to split amicably and mutually it was decided to rather sell the business and each can move on with there lives.
Please note that this business is not suited to more than 2 PARTNERS !!!
I will not wait for one "potential" buyer to finish up his process before i start entertaining other potential buyers, the one that comes with the money first gets the business,
Please note!! to setup a factory of this size from scratch will cost you more than R 2 500 000.00 in todays current economy,
BUT MOST IMPORTANTLY YOU ARE NOT BUYING ONLY THE FACTORY( ANYONE CAN BUY MACHINES OFF GUMTREE) !!! YOU ARE BUYING MY CUSTOMER BASE !!! we are in this business for the last 9 years and have a recognized brand in the market.
THIS BUSINESS IS CURRENTLY RUNNING AND AS SUCH THE NEW OWNER ONLY HAS TO COME AND SIT IN THE OFFICE AND CARRY ON WITH OPERATIONS AND CHANGE THINGS AS THEY SEE FIT AFTER A WHILE!!!
Signed Financials for this business are only available up to financial year end 2021, after that only income statement will be made available, this is due to the fact that since last year april we were not able to put the business for sale as the deceased estate had not been closed and as such the name could not be removed from the documents, Now that the name has been removed and signatures can be made for the sale, the business went up for sale early in this year.
The original company will be making the sale to your new company for all assets, names etc...
Challenges!!! ( Very Important )
Those that intend purchasing this business should understand that it is currently in a state of slight neglect due to "too many cooks etc"
One important factor i feel that need to be addressed by the new owner, will be to obtain some business to about R 50-100k worth for smoother and much more profitable operation.
In its current state the business is self sufficient and will net the new owners between 40 and 50k nett a month.
In its current state the business does not yield the desired amount of profit, as i have personally seen the business doing much better while the original owner was alive.
OVER AND ABOVE THE PURCHASE PRICE THE BUYER WILL HAVE TO HAVE R 500 000.00 IN LIQUID WHICH IS TO BE USED FOR THE BUYING OF STOCK IMMEDIATELY AND FOR CASH FLOW PURPOSES !!!
At the time of sale all the stock and raw material will be purchased from the sellers separately over and above the business selling price.
An existing manager will be in place for one calendar month to settle the new owners in after which the new owner and manager can work out a way forward if required.
WE HAVE MANY ADVANTAGES OVER FLY BY NIGHT TP COMPANIES IN REGARDS TO SUPPLIER CHAIN ISSUES, LOCATION RELATED ISSUES ETC!!!
PLEASE NOTE THAT THIS BUSINESS IS NOT RELOCATABLE!!!
We have been on the same premises with the current landlord for the last 9 years since the inception of the business. There is a MONTH TO MONTH lease in place, no locked in lease.
If you are looking for a discount then show me your money first and ill come to the table. Cash buyers will get preferance as i have seen the issues that guys trying to get finance are going through.
There is a total of 8 Machines
There is a toal of 3 Vehicles
There is a office with remote CCTV capabilties.
There are a lots of bits and bobs that will comes with the factory.
For more information, please contact us by using the form below.