Verified Listing
Posted on November 20, 2018 / 22
Price : R20,000,000
Listing Type : Communications
Location : Eastrand
Ref. No : 2507
Year Established : 1981
No. of Employees : 28
Trading Hours : 8am - 5pm
Turnover : R2 882 148
Cost of Sales : R1 281 962
Expenses : R883 237
Net Profit : R716 949

The sale of this business marks a RARE opportunity for NEW OWNERS / INVESTORS to gain a business that has virtually NO EQUIVALENT in the industry.

The business has been in operation for thirty seven years. It was started by the founder who has a 51% shareholding. It is a family business with the son (49%) running the business for the past 14 years in his position as Managing Director. The business is a Pty Ltd company.

This type of business is recession resilient. There is always a steady demand for the company’s skills and the business has virtually no competition in this country.

The business is a global entity and completes projects across the African continent and the world. It is an internationally recognised supplier, manufacturer, installer and system integrator for the communications and broadcasting industry.
The business’s head office is situated in the Eastern suburb of Gauteng. The business boasts a very professional website.

The business operates with exceptionally high standards and quality of workmanship. There are virtually no competitors for the business. It is the preferred supplier for this segment virtually world wide and have the honour as being seen as ‘best recognised specialists’. The owner is very innovative and has developed the staff in the same aspects.

Jon Green – Westrand