Small Well Established Metal Gates Manufacturing and Accessories Business For Sale
Business Description:
Located in Port Elizabeth this business has been trading for 24 years.
The business specializes in custom made metal fabrication such as gates, balustrades, fencing and similar items.
The items are manufactured by the business at their current premises.
The current premises / property is being sold and thus the business will have to be relocated.
This is a hands-on type of operation, and the new owner will need to a have similar background or sound knowledge of metal fabrication.
The work performed by the business is of a very high standard and this can be seen in the length of time that they have been trading.
The business has a loyal client base that consists of property developers, maintenance contractors, retailers, shop fitters and households.
The business has 2 x permanent employes who have been with the business for some time and also makes use of 2 x casual employees when needed.
The business quotes, designs and installs the fabricated products themselves.
All the equipment and tools utilized by the business are included in the asking price.
Due to serious health complications the Seller has been placed in the unfortunate position of now having to sell what has been built over the last 24 years.
Profitable, Long Established and priced to sell this business is perfectly suited to a hands-on person with sound knowledge of metal fabrication knowledge and who is seeking to weld a solid future king a long-term viable business.
Annual Turnover:
R1 672 139 (Fin 2024)
Operating Net Profit (EBITDA):
+- R283 182 (Fin 2024)
ROI:
+-51%
Asset Value:
+-R216 858 (Included in the asking price
Current Stock on hand:
+- Purchased as needed
Rental per year:
+-R3 500 excl water and lights (the business will need to be located)
Vat registered:
Yes
Growth Potential:
Growth prospects include expanding the service area into outlying areas of the Eastern Cape and /or adding other product ranges or services that could expand the customer base.
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 Type
Small Metal Fabrication Business
Asking Price
R550 000
PROVINCE
CITY
Port Elizabeth
Premises:
Currently leased but the business must be relocated
Trading Hours:
Mon to Sat: 08h00 to 17h00 Sun: Closed
Staff Compliment:
2x permanent employees + 2 x casuals (excluding the Seller)
Buyer Profile:
This business will suit husband-and-wife team / family or another similar type of business that is looking to expand their current business operations or a person / entrepreneur with metal fabrication skills who is looking for an established and profitable business.
Full training and support will be provided by the seller to the new owner.
Reason for selling:
Health.