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Well-Established Engine Oil Blending Company
R 8,415,000
Reason for Reporting
This engine oil blending, sales and distribution company is a huge opportunity for an investor that is looking to expand this factory, that runs at 40% of productivity, with massive opportunity in heavy industry, transport companies and export sales. There are also additional product lines that could be added to this operation. The oil blended is well priced, and the range caters for different applications.
Location: Gauteng
History: Over 31 years in business
Reason for sale: The owners are retiring
Turnover: +/- R 54 800 000 p/a
Gross Profit: +/- R 12 340 000 p/a
Discretionary Income: +/- R 2 470 000 p/a
Inventory: +/- R 10 500 000
Business Selling Price: R 8 415 000 (excl. inventory)
Property Selling Price: R 8 587 000
Combined Selling Price: 17 002 000 (excl. inventory)
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