Verified Listing
Posted on July 22, 2020 / 447
Price : R7,425,000
Listing Type : Timber Manufacturing
Location : Mpumalanga
Ref. No : 2645
Year Established : 2009
No. of Employees : 12
Trading Hours : 7am - 5pm
Turnover : R 684 750 pm
Cost of Sales : R 476 267 pm
Expenses : R 160 143 pm
Net Profit : R 48 338 pm
Asset Value : R 4 896 500
Stock Value : R 1 000 000

Timber Manufacturing, Installations, Importers, Exporters and Retail Suppliers:

A very lucrative and well established timber business that specializes in manufacturing, retail and installation of timber related products. This business has positioned itself as a reliable, trustworthy manufacturer and supplier of all types of timber, moldings, cladding, decking, skirtings, knotty pine, paneling and coffin profiles, in the local market. They also sell to neighboring countries with an export permit in place. They stock and supply all structural timber, mining timber, and shutter ply.

This business also stocks and sells a wide range of poles. This business is a sole distributor for other products that they import from China and America. Their main clients include developers, builders, corporates and households. The business is setup as a vendor with several mines in the area and is well positioned for the new owner to take the mining supplies part of the business forward as this offer a huge opportunity for growth.

The business is situated on a light industrial stand of 3200m2, including 240m2 of office space with 3 bathrooms and a full kitchen, as well as a big shed of 600m2 and another of 120m2. The business has excellent factory processes in place and low monthly overheads. The property is included in the sale, and the asking price is R 7 425 000 with an average monthly turnover of R 684 750 and an average monthly net profit of R 48 338 after owners drawings.

* Mfundo Nhlabati – Broker Head Office