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#Business ID: 33997

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Cleaning Chemical Manufacturer & Distributor For Sale

Business Location: Nelspruit, Mpumalanga, South Africa

Asking Price: BUSINESS SOLD Revenue: $ 14,602,896 Cash Flow: not disclosed

Business Summary

An excellent opportunity to purchase a well-established and profitable manufacturer and distributor of quality chemicals, detergents and cleaning equipment for personal, business and wholesale use. The business supplies toiletries and hygienic products, industrial and household cleaning products, laundry detergents and paper products encompassing all surface cleaning in the kitchen and housekeeping environments.

They also offer a range of products for use in drain lines and grease traps for the eradication of fats, oils and odours for food businesses. The manufacturing plant is located in a sought-after industrial area in Mpumalanga with a company operated retail outlet in a local town, however the business has customers around the country and sells nationally.

The business has sales representatives serving clients in the field and there is a team of office staff managing telephonic and electronic orders, sales and deliveries, with trading hours of Mon – Fri: 8am – 5pm & Sat/Public holidays: 8am – 12pm.

The business generates an average monthly turnover of R 1 216 908 and net profit of R 185 523 per month. The asking price is R6 000 000, includes stock and the company vehicles but excludes the business premises which is available at an additional R2 500 000

Property Details

Size:

1000

Years Established:

2011

Property Type:

Real

FF&E:

$ 1,568,450

Inventory Value:

$ 1,500,000

Real Estate Value:

$ 2,500,000

Other Business Details

Business Location:

This business is based in Mpumalanga.

Premise Details:

The manufacturing plant's property is owned by the seller. New lease would need to be negotiated for the new buyer. The retail outlet lease is valid for 12 months, renewed on a yearly basis.

Competition:

Very minimal competition in the region.

Expansion Potential:

There is potential for online shop or monthly subscription box which could open the market to a much wider area without having to rent production plants or warehouses.

Business Operation Details

Employees:

27 employees

Trading Hours:

MON - FRI - 08:00 - 17:00, SATURDAY & PH - 08:00 - 12:00

Miscellaneous Details

Reason For Selling:

Looking to emigrate and look at other opportunities.

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