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Well positioned Box and Packaging store for sale

R 990,000

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14 days ago46 views

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General Details

Location:

Other, Cape Town

Description

This well positioned and profitable box store is for sale.
Packaging comes in multiple forms and materials - from moving boxes, bubble wrap, pallet wrap, paperboard and bag packaging. Packaging can be sourced based on the application it is needed for. They also provide standard or custom packaging as a product.

TO per annum - R 2.1m

Net per annum - R 585k

Id Subtitle 1277171175

Mark

Selling for 8+ years

Total Ads3.13K

Active Ads18

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R 17,500,000

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The asking price of 17.5 million is open to negotiation and includes a conservative value of fixed assets of R15 million and the estimated stock of R2.5 million will be added on. The final price will be determined by including the actual value of stock as at take-over date GENERAL INFORMATION This long established manufacturer offers an array of sustainable masonry products such as bricks, blocks, maxis, bond paving and interlocking pavers. Their highly sustainable cement products are made to standard specifications. PRODUCTION CAPACITY Production capacity is 130 000 bricks or 70 000 pavers or 1 500 pallets of hollow blocks per 9 hour shift (depending on product size). FINANCIAL INFORMATION Detailed financials will be made available to approved buyers in terms of the signed confidentiality agreement (NDA) and all the information can be verified. The financial information reflected above is based on turnover, gross profit, operating expenses and owners costs. The EBITDO has been based on the financials provided for the year ended 28 February 2022/23 and extracted from the audited financials and management accounts. Turnover: R 1 667 000 per month EBITDO (Owner’sProfit): R 200k to R250k per month Annual Return: 14 to 18 % per annum No. of Staff: 76 Years Established: Over 30 years REASON FOR SELLING Owner is retiring. POTENTIAL This well-managed business is highly respected and known for quality products and service. The production facilities can double the output - without the constraints of load-shedding! Suitable for a hands-on entrepreneur and or experienced operator in the construction industry. This opportunity is also suitable for a corporate entity seeking to expand their offering in an Allied industry. PROOF OF FUNDING REQUIREMENT Interested parties MUST be able to demonstrate that they have access to the required funds to finance a cash transaction purchase. CONFIDENTIALITY ADDITIONAL DETAILS WILL ONLY BE PROVIDED BY THE APPOINTED BROKER SUBJECT TO SIGNING A CONFIDENTIALITY AGREEMENT (NDA), COMPLETING A BUYER PROFILE FORM AND SUBMITTING THE REQUIRED FORMS TO THE BROKER, FOR THE SELLERS APPROVAL. Summary from this LINK: https://fairbro.co.za/.cm4all/uproc.php/0/Business%20Listings/Bri112-0_Website_Summary-Brick_Manufacture-2023-05-30.pdf?cdp=a&_=188761fe94f

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