Newly Established and Superbly Profitable Water Tank Manufacturing Business For Sale

This is a newly established business located in Queenstown (Eastern Cape) and has only been trading for 8 months.

The business has proved to be remarkable profitable with the forecasted figures offering a spectacular ROI for the new owner.

The business manufactures and supplies various size Plastic Water Tanks and Water Troughs to the surrounding area.

This is the only business that is both manufacturing and supplying Plastic Water Tanks and Water Troughs in the area.

The manufacturing process is simple and easy as it is to a large extent automated.

The business operates from a rented premises located in Queenstown and the new owner will be able to either operate from the same premises or relocate to their own preferred premises.

The entire business is relocatable.

At present the business does little to no active marketing and its growing revenue is based purely on word of mouth.

The current client base consists of businesses, residential properties, shopping centers and small holdings, with the added bonus that the majority of the sales being conducted are on a cash basis.

The asking price includes all equipment / assets, stock on hand as well as the raw material required to both operate and grow the business.

Superbly profitable, priced to sell and with fantastic growth potential this an opportunity not to be missed.

The business operates from the Sellers home and the new owner will need their premises to operate from.

The asking price includes all equipment / assets required to both operate and grow the business.

Financial Information

Current Annual Turnover:

+-R 569 220 (8 Months Trading May 2021 to Oct 2021)

Current Annual Operating Net (EBITDA):

+-R 253 615 (8 Months Trading May 2021 to Oct 2021)

Forecasted Annual Operating Net (EBITDA):

+-R743 061 (May 2021 to Feb 2022)

Forecasted ROI%

+-87%

Assets / Office Equipment:

Included in the asking Price

Stock on Hand:

Included in the asking price

Rent & Lease Terms:

The business operates from a rented premises located in Queenstown and the new owner will be able to either operate from the same premises or relocate to their own preferred premises

Vat registered:

No

Franchise:

Not part of any franchise group

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

Plastic Water Tank and Water Trough Manufacturing

Asking Price

R800 000 (including stock on hand)

PROVINCE

Eastern Cape

CITY

Queenstown

Premises Size:

TBA

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Hours of work:

Mon to Friday: 08h00 to 16h30                    Sat:                    as required                            Sun:                   Closed

  

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Buyer Profile:

This business is ideally suited for a husband-and-wife team, another similar business looking to expand their business footprint or any entrepreneur who is looking to enter this market segment

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Growth Potential:

  • The purchasing of a 5000lt water tank mould
  • Expanding the customer base into other nearby towns and areas
  • Connecting and installing the Tanks produced
  • Connecting and installing water pumps for the tanks sold
  • Digital and Online marketing to generate more market awareness
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Reason for selling:

Emigration due to new employment opportunity

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