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#Business ID: 27906

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ENGINEERING BUSINESS - EAST RAND WADEVILLE

Business Location: Germiston, Gauteng, South Africa

Asking Price: R 32,000,000 Revenue: R 2,700,000 Cash Flow: not disclosed

Business Summary

ENGINEERING BUSINESS - EAST RAND WADEVILLE

SELLING PRICE: R 32 mill

PROPERTY OPTIONAL: R 10 mill

TURNOVER: R 2,7 mill p/m (post-covid)

NETT PROFIT: R 900,000,00 p/m

DESCRIPTION: This award winning independent Engineering Business has developed a leading reputation within the industry for achieving the highest standards. They specialise in precision grinding, thermal spraying, surface coating and super finishing. Applications result in the manufacture and refurbishing of engineering components for a broad range of industries across Southern Africa. Customers consist of a host Blue chip and Listed Companies. With over 40 year's experience in quality metalwork using the latest technologies in conjunction with its 22 strong dedicated work-force this business consistently delivers superior quality. Its unique management hierarchy style and internal ISO quality tracking system ensures high level work at all times. Diamond grinding provides a competitive edge over their competitors and a final inspection is carried out before being packaged-off to the customer. The factory is spacious, exceptionally clean and very light. This 1280 m2 factory comes with a 450KVA Generator to run the entire factory during power-cuts. In-house machines comes with highly experienced operators each being trained to operate within any department. Measuring equipment is calibrated and kept in a temperature controlled environments with relevant chemicals to ensure accuracy and quality products at all times. Other services include repair to precision components such as shafts and rollers being re-centred and straightened thereby greatly reducing costs & turnaround time to the customer.

Please contact us for more details.

Property Details

Years Established:

40 Years

Property Type:

Real

FF&E:

R 15,000,000

Inventory Value:

R 10,000,000

Real Estate Value:

R 10,000,000

Other Business Details

Business Location:

Ideally located

Competition:

No competition

Expansion Potential:

Great potential

Planning Consent:

None

Business Operation Details

Employees:

23

Trading Hours:

7 am to 5 pm

Support & Training:

Training will be provided

Miscellaneous Details

Reason For Selling:

Retirement

Contact this seller

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