Verified Listing
Posted on March 13, 2020 / 594
Price : R6,000,000
Listing Type : Engineering
Location : Durban
Ref. No : 2621
Year Established : 2005
No. of Employees : 6
Trading Hours : 7:00am - 5:30pm
Turnover : R 468 863
Expenses : R 151 609
Net Profit : R 110 738 pm
Asset Value : R 3 100 000
Stock Value : R 130 000

Milling & lathe tooling business for sale in Durban. The founders started the business in 1995 in a small workshop and operated as a tool and cutter grinder engineering business, in 2000 they experienced increased demand, good growth and profitability and expanded to new premises and purchased a mill & lathe with their profits, in 2005 they had grown large enough to need additional space and then took over the unit next door and expanded into having more than double the space. The business now occupies 3 units and is doing more business than ever before.

* Morgan Laxton – KZN South Coast