Business Summary

Business Type Manufacturer
Business Established 1980
Rent Details Current Rent p.a. R 122k – R 148k
Terms & Conditions Property is owned
They do not currently pay a market-related rent, and the Appraisal adjusted for this.
Full-Time Staff 125
Part-time Staff Varies
Working Owners 1
Financial EBIDTA 2024/2025 - R 1,320,113.00.
Asking Price: R 3,500,000.00. The property they operate from is also owned and forms one indivisible sale with the business. The property is valued at R5.0m thus, the total asking price is R8,500,000.00
The price excludes VAT. Depending on the purchaser’s VAT status and conditions of purchase, transactions can be zero-rated for VAT purposes.

Overview

The business was started by the owner's Father, and the current owner joined the business is 1987.

They initially specialised in precast walling and had up to three installation teams. Over time, the business diversified into a supplier of pre-stressed and outdoor concrete products and discontinued their installation teams although still supplying precast walling to installers.

Today, from their manufacturing plant, they supply a full complement of concrete lintels, flooring beams and blocks for general construction work. In addition, they also produce curb stones, rainwater channels, airbricks, and gulley tops, among others.

The company employs approx. 120 full-time plant employees and 7 office staff. There is sufficient knowledge in the business that the business can operate without the owner.

They have a fleet of 12 trucks and can deliver anywhere in Gauteng and neighboring provinces.

They have a solid client base, which includes builder’s merchants, hardware stores, and project sites and they also manufacture to order.

The owner has been in the business in excess of 30 years, is nearing retirement age and have some other ventures that he is interested in. He wishes to semi-grate and have a change of lifestyle.

Please contact for further details.

Property Details