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EXCLUSIVE WHOLESALERS
R 5,500,000
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1 month ago126 views
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Description
EXCLUSIVE WHOLESALERS
Set +/- 1.15min from Cape Town
The place to retire surrounded by mountains, farms and very busy City Centre.
Supplying farms / Retailers ext!!.
Established for 9 years (900m2 Property)
Owner retiring
Fully fitted / well stocked (+/- 3million @ cost)
Operating Monday to Friday ( Saturday can be included)
Asset value around 2m includes truck / Trailor / Forklift Ext1
Industrial Invertor
T / Over 9.1million / month
Netting around 7% (637k/month)
Payroll 80k /month
Electricity 18 – 20k
Rental 45k Ex Vat / Long lease
Loads of parking!!
PRICE 5.5mil (plus stock @ cost)
Please call Joe @ 072 599 8092
Email admin@donedealbrokers.co.za
Id Subtitle 1269682827
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Done Deal Brokers
Selling for 3+ years
Total Ads749
Active Ads41
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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.
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EBITDO (Owner’sProfit): R 200k to R250k per month
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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.
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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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