Verified Listing
Posted on August 23, 2018 / 33
Price : R4,100,000
Listing Type : Accessories
Location : Durban
Ref. No : 2474
Year Established : 1996
No. of Employees : 12
Lease Term : Exp. Oct 2019
Turnover : R232 131
Cost of Sales : R45 697
Expenses : R59 615
Net Profit : R126 819
Asset Value : R430 000
Stock Value : R600 000

This is a long established and highly reputable Durban based family business manufacturing a range of school bags and accessories for a variety of markets. Current annual net profit of R1.5m with considerable growth potential. Asking price is R3.5m plus stock.

Douglas Pieterse – KZN North Coast