A very lucrative & well managed group of Companies is for sale. The owner wants to retire.
The first Company is a wholesaler & distributor of low voltage electrical and other DIY products. The Company origins date back to 1982 and in 2004 became a BBBEE Company. The Company commenced in 2004 as a level 2 contributor and is currently level 6 rated.
The second Company is a local manufacturer in the building industry. The Company commenced operations as an Enterprise Development Company in partnership
with one of its major clients. The major portion of the business is undertaken with major Companies in the transformer industry. The Company supplies mainly marshalling kiosks to Eskom, municipalities, mines & civil contractors. This Company is a level 2 BBBEE rated.
The ideal sale will be for the group, but the two companies can be sold separately if needed.
The opportunities for expansion and growth for both Companies are almost endless. The group would suit a Black Industrial organization, especially because of the Government radical investment programme and want for young black entrepreneurs.
The combined turnover is approximately 28.5m per year with a combined net profit margin over 6.6%. The selling price for the group including the property and working capital is R 16m.
The ROI, including the property is 16.1% which makes it a worthwhile investment in a group that has good growth potential. If you are interested in this lucrative deal, please contact me for more information.