Total of 18656 firms and businesses for sale today Tuesday 19th March 2024
Time to Sell or Time to Buy !

Business For Sale. Engineering Company Manufacturing And Wholesale

LISTING DETAILS
Firms For Sale ID:
27886
Vendor reference:
Engvic
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$471,430  
Turnover / revenue:
$571,430
Net profit / cashflow:
$142,900
Years established:
19

OTHER DETAILS
Reason for selling:
the owner would like to retire.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease length:
3
Lease terms:
The building belongs to the owner of the business, a new lease has to be negotiated.
Rent:
$2,143 per annum
 
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BUSINESS DESCRIPTION
The Engineering Company is operating since 1992 in the Germiston area.
The business manufactures pumps and pipes for mines and power stations.
The new owner would have to have an engineering background a sound understanding of engineering plans and metals.
All assets are in great working orders.
There are 10 staff members: 4 turners, 4 operators, 1 drilling
operator, 1 driver and 1 cleaner. Very reliable...
To bring the turnover or the monthly net. profit to a higher levels a new owner could computerize the machinery, and apply better marketing strategy.
The seller of the business owns the building and a time frame for a lease agreement can be negotiated, with a monthly rent of R15 000.--
The only reason for the sale of the engineering company is that the owner would like to retire.

Expansion Potential
To bring the turnover or the monthly net. profit to a higher levels a new owner could computerize the machinery, and apply better marketing strategy