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 ref # 147


R 8 000 000 (473 372 EUR*)

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R1,183,839 per annum.
R10,005,552 per annum.

Steel Fabrication & Manufacturing For Sale

This is a significant business which adds value to steel in almost every possible way. Servicing a number of industries, including the security industry, no job is too small with all work attracting the same dedicated level of service and quality attention.

Very well positioned near major access routes in this Garden Route town, the business has stood the test of time. It has continued to flourish and grow through some tough times, so the formula does work: Management must lead from the front!

The financial section of this report will have 3 consecutive years of results. Revenue has tracked down from 2019, although there is a mitigating circumstance that will be discussed during a Due Diligence.

The administration is one of the keys to success here with reliable systems. Another key to their success is the team of cross skilled artisans and workers, managed by an effective middle management structure.

The asset base is extensive, fully owned, and it all works.

The premises are for sale to the astute buyer and will be a separate transaction to the sale of the business.

Staff:  32 staff members.
Asset Value:  R3,500,000
Cash Flow:  R1,183,839 per annum.
Lease Terms:  The property is owned by the Seller of the business and is for sale should the Buyer of the business prefer.

Trading Hours

Trading Hours:  Mon- Fri: 07:30 - 17:00 Closed on weekends.

Message Agent

Chris Woodcock , estate agent

+27 (0)83 376 1149
+27 (0)44 012 5004
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