What is Roto Moulding?
Rotational moulding, also known as rotomolding, is a plastics moulding technology which is ideal for making hollow articles. It is a casting technique, but unlike most other plastics processes, there is no pressure involved
About this Business: Historically, this company's primary focus was Kayak manufacturing, and they are based in George in the beautiful Garden Route of South Africa. They use the latest technology and the best quality materials to manufacture high-performance polyethylene kayaks. The company produces kayaks for leading brands locally and internationally. The current product range includes surfskis, fishing, leisure kayaks, and stand-up paddle boards.
Premises: This business is very well located with a manufacturing premises built to suit its purposes. The premises are leased at a very affordable rate. Total size: 900 sq m, including showroom and fabrication section.
Staff: Currently the business is not operating, although 2 staff members are available to commence immediately. Both are multi skilled with experience exceeding 15 and 20 years respectively.
Scalability: This business is extremely scalable with an online shop, export opportunities and setting up a marketing channel. Contacts with be provided to the new buyer. Currently there is a contract with 50 kayaks pending production.
Training and Support: Full training and support will be provided on site.
Assets: The asset inventory is valued at R3,135,000.00. (156% asset value!)
Inventory: Currently the completed stock is valued at R1mil and included in the selling price.
Reason for Selling: Owner scaling down.
Selling Price: R2,000,000.00 ex VAT
