High Precision Tooling, Pressing and Engineering Business for sale

This is a well-known and successful high precision tooling, pressing and engineering business that is up for sale.

The business has been around for over 17 years and boasts some really big name clients.

The business consists of a Tool Making Side, a Stamping and Pressing Side and an Export Side

A variety of engineered parts including connectors, harnesses, pressings, tools and similar items are supplied to both the local and international market.

 The export side of the business has massive growth potential as the business has only recently started to export its products.

 This business is one of only 3 in the world that has the ability to weld copper to copper which gives this business a serious competitive advantage.

 In addition, this business is ISO/TS 16949, ISO 9001 and RMI accredited which further enhances its competitive advantage by assuring its customers of its commitment to quality control.

 The Sellers are prepared to offer 2 x options to potential buyers:

Option 1 is an outright purchase of the business for R11.5 million or

Option 2 which is to purchase just the Tool manufacturing and pressing / stamping side of the business for R9.5 million

 Profitable, unique, established and with massive growth potential this is a serious business opportunity, especially for BBEE individuals / organizations / companies, and not one to be missed.

Financial Information

Current Annual Turnover:

+-R12 000 000 per annum

EBITDA Margin:

+-15 -20%

Assets & Equipment Value:

+-R7 000 000 (all included in the asking price).

Staff Compliment:

35 x staff (8 x managers/ supervisors and 27 x general employees)

Stock on Hand:

+-R1 000 000 (Included in the asking price)

Rent:

TBA

Vat registered:

Yes

MORE DETAILED FINANCIAL INFORMATION IS AVAILABLE BUT WILL ONLY BE PROVIDED TO SERIOUS QUALIFIED BUYERS AT A TABLE TOP MEETING AND ON COMPLETION OF A NON DISCLOSURE AGREEMENT

BuSiness Information

Industry

High Precision Tooling, Pressing and Engineering

Asking Price

Option 1            R11 500 000                      Option 2            R 9 500 000

PROVINCE

Eastern Cape

CITY

Port Elizabeth

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Premises:

Property leased (2000m2). Landlord approval will be required

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Hours of work:

Mon to Thursday: 07h00 to 17h15            Friday: 07h00 to 13h00

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Buyer Profile:

This business would suit any Business / Entrepreneur looking to enter the high precision engineering market.  Alternatively, this business would suit an established empowerment organisation looking to either break into this market or expand their current business operations

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Growth Potential:

Future prospects include:                              Further growth of existing customer base Government Tenders
Introduction of new product ranges      Further development of the export market.

 

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Reason for selling:

Retirement and other business interests

Disclaimer: All the information contained within this prospectus is supplied in good faith and is based on information supplied by the Seller; MN Business Brokers makes no representation as to its accuracy and in no way will be held liable for any eventualities arising from the use of the information provided.

Contact Us

call

Grant – 073 556 0065

email

grant@mnbrokers.co.za

visit

Office GF001 | Kings Market Office Suite | Cnr Buffelsfontein Road & Titian Road | Walmer Heights | Port Elizabeth | 6070