This is a professional manufacturer of plastic containers based in Durban achieving fast growth since its establishment in 2015 thanks to its dedication to product quality and customer service.
The business is now for sale as the two main shareholders are no longer able to be involved full time at the business and one has reached retirement age. Latest business performance (Feb 2021): Sales: R29m, GP: R7m, EBITDA: R 1.9m. Fixed Assets: R 12m. Asking price is R16m, excluding stock, based on a 3-year discounted cash flow projection