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Manufacturing And Industrial Business For Sale in Germiston Gauteng

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Engineering Business - East Rand Germiston

Location:Germiston, Gauteng

Category:Manufacturing and Industrial

Asking Price:R7,000,000

7000000

  • Sales revenue : R21,000,000
  • Net profit : R200,000
  • Furniture/Fixtures value : R8,000,000
  • Inventory/Stock value : R2,500,000
  • Engineering Business - East Rand Germiston

Business description

ENGINEERING BUSINESS - EAST RAND GERMISTON

SELLING PRICE: R 7 mill (EXCLUDING PROPERTY)

PROPERTY VALUE: R 8 mill.

STOCK: R 2.5 mill

TURNOVER: R 21,000,000.00 PA

NETT PROFIT: R 200,000.00 PM

ESTABLISHED: 35 YEARS

DESCRIPTION: This very well established and profitable General Tooling Engineering Business has a vast range of products and services, each product manufactured and executed to specific customer needs. Due to their excellent reputation in the market this business has never needed to advertise. All Heavy Duty Plant & Equipment is included in the Selling Price some being state of the art and all in excellent condition. The Factory size is over 1800m2 and Rentals are low. Their customer base is broad and therefore not reliant on any one major client. From a modest beginning in the 1980's this Engineering business has quickly and successfully grown to be a leader with in its field. There is a team of expert and qualified Engineers who have proven time after time their quality and precision made work. Existing clients have accustomed themselves to their exceptional quality and good service. There is no job too small or too big. The current staff compliment is 18 with workers responsible for an almost uncountable number of different tasks. They are currently non BEE compliant. An Engineering background is not a necessity but would be distinct advantage.

REASON FOR SELLING: Owners retiring.

PLEASE REPLY FOR FURTHER INFO

MICHAEL: [Phone Number Censored] or EMAIL: [Email Censored]

Other Information

  • Selling Assets: Yes
  • Is Business Relocatable?: No
  • Is Business Home Based?: No
  • Franchise: None
  • Real Estate: Ideally located
  • Expansion: Great potential
  • Years Established: 35 Years
  • Employees: 19
  • Trading Hours: 7 am to 5 pm
  • Support Training: Training will be provided
  • Reason For Selling: Retirement
  • Lease Terms: 5 Years plus 5 Year renewal option
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