Verified Listing
Posted on May 15, 2020 / 385
Price : R6,000,000
Listing Type : Equipment
Location : West Rand
Ref. No : 2630
Year Established : 1970
No. of Employees : 9
Trading Hours : 16h45
Turnover : R 368 438
Cost of Sales : R 140 547
Expenses : R 137 711
Net Profit : R 90 180 pm
Stock Value : R 347 549
Business Value : R 2 900 000
Property Value : R 3 100 000
Erf Size : 1 058 m2 GLA

This manufacturer and stockist of cropping, punching and shearing equipment provides a comprehensive range for universal iron workers, steelworkers, hand machines and presses for not only the South African market, but for a number of other countries as well – for example, Australia. This business situated on the West Rand, has been in operation for many years and was bought by the current owners in 1982.

It is a well-known and highly respected manufacturing business that has a good relationship with all its clients due to its sincere commitment to the high quality of the products being produced. The company brand is associated with quality, fair pricing and timely delivery.

The current owners have grown the business considerably from a sales-oriented company to owning the property and buildings that it now occupies.

The business operates from the premises which is also owned by the sellers and a recent evaluation on the property has been undertaken.

Mfundo Nhlabati – Head Office