A thriving electrical engineering workshop specialising in the design and manufacture of motor control panels, PLC panels and electrical distribution boards for factories, underground mines, chemical plants and public utilities. The business has an impressive list of well-known customers nationwide, and a considerable pipeline of new projects. It has an experienced management team who together hold a significant share of the equity and are committed to staying on.
- Asking Price:
- R27,200,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- R57,000,000
- Cash Flow:
- R7,600,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Owner occupied—lease negotiable
- Location:
-
Cape Town
- Premises Details:
-
600 sqm factory/workshop
- Size in square feet:
- 600 sqm
Business Operation
- Reasons for selling:
-
Retirement of majority shareholder.
- Trading hours:
-
8am—4:30pm. Monday—Friday
- Employees:
- 33
- Years established:
- In operation for 26 years
Other Information
- Support & training:
-
Competent management team in place.
- Furniture / Fixtures value:
- R1,200,000 - included in the asking price
- Inventory / Stock value:
- R1,400,000 - included in the asking price
