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.
Current Annual Turnover:
+-R12 000 000 per annum
Assets & Equipment Value:
+-R7 000 000 (all included in the asking price).
35 x staff (8 x managers/ supervisors and 27 x general employees)
Stock on Hand:
+-R1 000 000 (Included in the asking price)
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
High Precision Tooling, Pressing and Engineering
Option 1 R11 500 000 Option 2 R 9 500 000
Property leased (2000m2). Landlord approval will be required
Hours of work:
Mon to Thursday: 07h00 to 17h15 Friday: 07h00 to 13h00
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
Future prospects include: Further growth of existing customer base Government Tenders
Introduction of new product ranges Further development of the export market.
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.
Grant – 073 556 0065
Office GF001 | Kings Market Office Suite | Cnr Buffelsfontein Road & Titian Road | Walmer Heights | Port Elizabeth | 6070