Verified Listing
Posted on September 6, 2019 / 571
Price : R1,551,350
Listing Type : Plastic Manufacturing
Location : Durban
Ref. No : 2587
Year Established : 1998
No. of Employees : 3
Trading Hours : 8am - 5pm
Turnover : R 57 748
Expenses : R 60 486
Net Profit : TBD
Asset Value : R 1 551 350
Stock Value : R 20 000

A well-known and established business specialising in the manufacturing of plastic in the injection mould and blowing arena is for sale. The business has been in operation for nearly 21 years and has shown great success.

The current owner is looking to move towards retirement and pursue ventures that allow him to live the life style and working hours he desires.

The business is currently making a small loss but this can easily be turned around with the right turn around strategy and energetic owner. The business has huge potential to get further involved in the recycling side of production as well as new and custom packaging for clients.

* Morgan Laxton – LP KZN South Coast