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Very Succesfull Packaging Plants And Maintenance For Sale

Johannesburg South, Gauteng, South Africa
Asking Price:
R15,000,000
Sales Revenue:
R26,020,666
Cash Flow:
R4,108,754

This profitable business specializes in the supply and maintenance of packing plants, primarily to the cement industry, but with opportunities to diversify into chemical and other industries. They provide new installations, comprehensive maintenance and spare parts for packaging equipment.

The business model is such that 90% of profits are generated as annuity income through the provision of maintenance services and spare parts. The installation of new lines are taken on as projects, and whilst increasing turnover substantially is done at very low margins with the knowledge that it will become a future annuity income generator.

The business has the responsibility for servicing, repairing and maintaining all of the plants where they have installations. This requires that specified spares are fully managed inclusive of procurement and stock holding. They the Southern African agent for some of the world's leading-edge cement packaging equipment suppliers.

Apart from opportunities to supply equipment to the cement industry, similar packing equipment, and systems, are used by the lime, gypsum, tiling and chemical producers. These opportunities have not been exploited as the owner's strategic intent was to position themselves as a top-level service provider to its customer base.

The owner, a professional engineer, now wishes for a change in lifestyle and is offering the business for sale to a technically skilled successor that wishes to grow the business to the next level.

The business operates from owned premises which can be bought in a separate transaction, rented from the owner, or the business can easily be relocated.

This business is not suitable for IDC funding and the owner has requested that interested parties provide proof of funding before confidential information is released.

Business asking price is R 15m excluding VAT and stock-holding of around R 5.3m

EBIDTA - 3 Years - R 4,108,754.00

*Earnings before Interest, Depreciation and Tax.

Property Information

Real Estate:

Real Property Included

Location:

Business is located in a small business park south of Johannesburg

Premises Details:

Premises are owned and for sale in a separate transaction.

Business Operation

Competition / Market:

There are currently two competitors operating in the industry.

Trading hours:

07h30 - 17h00

Employees:
8
Years established:
21

Other Information

Support & training:

The owner will be available for a negotiated handover period after which he will retire to the coast and be available as a consultant. A comprehensive restraint of trade will restrict his involvement in the industry to an advisor to the purchaser only.

Furniture / Fixtures value:
R1,033,494
Inventory / Stock value:
R5,333,725
Relocatable:
This business can be relocated.

Contact Information

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