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Lucrative Steel Retailer And Manufacturer In Oudtshoorn For Sale

Oudtshoorn, Western Cape, South Africa
Asking Price:
R590,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R3,000,000
Cash Flow:
R100K - R500K

The reason for sale is genuine and our instruction is to sell lock stock and barrel.

It’s the perfect opportunity for a motivated individual to take over the reins of this renowned and steadfast Oudtshoorn business. This established Steel Business generates income through 3 established markets:
1. Retail Shop – a large variety of steel related products are available for purchase. From nuts and bolts, to brackets, hinges, paints etc.

2. Workshop – Where they manufacture to order Gates, Fencing, Carports and General Welding

3. Installations – they provide onsite installation work for light steel construction.

The business has been operational for many years and has earned a reputation that they provide and manufacture good quality steel products.
The sale includes all the assets of the business, valued at R180,000. Also included is the stock of the business, which has a cost value of approximately R500,000.
The staff are an optional choice for the purchaser if needed and are all well-trained and skilled. The Seller will provide a declaration that there is no outstanding debt, Tax or Vat associated with the business on transfer.
The business is well positioned in the industrial section of Oudtshoorn and the Landlord is willing to offer a lease to the new owner, provided the new owner completes the landords necessary tenant screening to the Landlords satisfaction.

The business his operational and making good profits.

Take the opportunity!

Property Information

Real Estate:

Lease

Lease Terms:

5 year lease on offer

Leasehold Rent:

R130,000 per annum

Location:

Prime Location with strong clientele

Premises Details:

The building suits the businesses needs

Size in square feet:
300sqm

Business Operation

Expansion Potential:

Huge opportunity for growth

Competition / Market:

Other similar companies are found in the same street, however they are not direct competitors

Reasons for selling:

Seller is moving out of town and Needs to sell quickly

Trading hours:

Mon - Fri: 08h00 - 17h00

Employees:
4
Years established:
>15

Other Information

Support & training:

Seller happy to provide a handover

Furniture / Fixtures value:
R180,000 - included in the asking price
Inventory / Stock value:
R500,000 - included in the asking price
Relocatable:
This business can be relocated.