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Tools And Quality Mining Supplies Company For Sale

Kimberley, Northern Cape, South Africa
Asking Price:
R4,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R13,000,000
Cash Flow:
R1,100,000

The business was founded in 1995 with the view of providing specialized products to the mining and industrial industries in the northern cape. These included belt splicing, rubber lining, valves power transmission products, gearboxes, wear liners to name a few. Over the years the company increased their product range to include other specialized mining products.

The company grew from strength to strength and prided themselves in providing quality products at very competitive prices.

With this in mind they expanded their product range in 2002 to include all industrial tools and related equipment. This eventually proved so successful that it was decided to cease the belt splicing, rubber lining services and concentrate on the core business. To date they believe their self to be one of the largest stockists of engineering and industrial tools and equipment in the northern cape with many satisfied customers throughout the province.
In 2018 they expanded by moving into their own building with a large show room in a very good location.

Having now been in the market for 24 years, they have built up a very strong client base and with a reputation of providing good service, will remain a strong force in the for years to come.

Property Information

Real Estate:

Lease

Lease Terms:

Current owner owns the building and will offer a lease to new owner.

Location:

Building with a large show room in a very good location and accessible for despatch.

Premises Details:

Well equipped and very accessible with inviting branding. 520sqm

Size in square feet:
520sqm

Business Operation

Expansion Potential:

With a high focus on mining in South Africa, the expansion possibilities are limitless.

Competition / Market:

There a few other suppliers, but none as comprehensive with a large stock verity of hand picked items.

Reasons for selling:

Owner has other business interest to.

Trading hours:

8:00 to 17:00 weekdays

Employees:
4 permanent employees
Years established:
25 years

Other Information

Support & training:

Current owner or his representative will make sure that sufficient training and introduction to existing client be done.

Furniture / Fixtures value:
R340,000 - included in the asking price
Inventory / Stock value:
R2,500,000 - included in the asking price

Contact Information

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