Verified Listing
Posted on August 4, 2021 / 150
Price : R5,600,000
Listing Type : Engineering
Location : West Rand
Ref. No : 2757
Year Established : 1965
No. of Employees : 9
Trading Hours : 8am - 5pm Mon - Fri
Lease Term : Property included in sale
Turnover : R 567 879 pm
Cost of Sales : R 237 949 pm
Expenses : R 216 685 pm
Net Profit : R 113 245 pm
Asset Value : R 1 620 000

This Engineering business operates in the essential services space due to its longstanding relationship with Johannesburg Water. It is located in an Industrial Area of the West Rand and has been in operation since 1965. The property is owned by the seller and forms part of the sale. Monthly Turnover is R567 879,00 with a nett of R113 245,00, this excludes the owners drawings. The property measures 700m2 undercover and is very well maintained.

Tash Wetherill – Broker Head Office