About this Business: This company specialise’s in the manufacturing of products and items from Timber. They are a supplier of products to the Garden Route and the whole of Southern Africa. This company has an export licence and have a fair market share in African countries. The company is 100% relocatable due to the vast client base.
History: This business has been in existence for 30+ years, and operates profitably. Certain items in the product range does have Patent rights making it a very unique opportunity.
Staff: 4 skilled and loyal staff members are already in employ and ready to continue with the guidance of the new owner
Scalability: This business is extremely scalable as for the scope to branch out, extend on existing product range, advertise to more African countries.
Figures: Annual revenue around R3 million to be expected
Working Hours: Monday to Thursday 8am – 5pm, Fridays 8am – 3pm
Assets: The asset inventory is valued at R312,000. (included in selling price)
Inventory: Inventory excluded in selling price.
Reason for Selling: Owners would like to focus more on other business interests.
Selling Price: R2,120m ex VAT