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Profitable Concrete Manufacturer In Kwazulu-Natal For Sale

Northern Natal, KwaZulu - Natal, South Africa
Asking Price:
R12,950,000
Sales Revenue:
R28,912,620
Cash Flow:
R3,986,148

A profitable Concrete products manufacturing business that was established in 2003 and has been growing successfully over the years. This business manufactures high quality concrete products such as fountains, statues, garden furniture, wall decorations, pots, birdbaths, palisade fences and other garden accessories. The business also offers infrastructure projects such as plant hire, civil, building, general engineering, water projects, road surfacing, bridges and pipe networks. This business supplies municipalities around the area and has contracts to supply more than 100 stores around KZN and the Eastern Cape.

This company has a team of highly qualified and reliable employees which will remain in the business. The business is situated in a light industrial area, operating from 3295 sqm premises valued at R4 575 000 and included in the selling price. The business asking price is R12 950 000 (including stock) and it generates an average monthly turnover of R2 409 385 with an average monthly net profit of R332 179 before owner’s drawings.

Property Information

Real Estate:

Real Property Included

Location:

This business is situated in the northern parts of KZN.

Business Operation

Competition / Market:

This business has a great market share in the region.

Reasons for selling:

The owner is in a process of relocating.

Trading hours:

07:00 - 17:00

Employees:
20 employees
Years established:
2003

Other Information

Furniture / Fixtures value:
R9,385,430
Inventory / Stock value:
R500,000