Verified Listing
Posted on April 23, 2019 / 226
Price : R2,750,000
Listing Type : Engineering
Location : Johannesburg
Ref. No : 2543
Year Established : 1978
No. of Employees : 5
Trading Hours : 8am - 5pm
Turnover : R 440 596
Expenses : R 145 897
Net Profit : R 95 441
Asset Value : R 161 620
Stock Value : R 47 000

This business is located in an industrial area, in the South of Johannesburg. The business specializes in the manufacture of rock breaking ,Hydraulic hammer and earth moving parts for the mining industry.

The business has a list of loyal customers which range from all over South Africa. Sales are currently averaging about R440, 956.33 per month and like all businesses, the turnovers are seasonal, but very consistent.

The business has shown tremendous sales growth from 2018 to 2019 of 49.0% which is almost unheard of in the current economy

Lease Term: Month to Month
Annual Escalation of leases: 7%
Basic Monthly Rental: R 9 450 exl W&L

Rabs Ramiah – Johannesburg