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#Business ID: 37579

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Stainless Piping Solutions Business in Ekurhuleni For Sale

Business Location: Ekurhuleni, Gauteng, South Africa

Asking Price: R 3,500,000 Revenue: R 2,500,000 Cash Flow: R 1,500,000

[Furniture / Fixtures included]

Business Summary

This business developed a cost effective alternative solution to plastic and copper for use in potable and hot water systems, supplying a range of Crimp Link (Pressfit) Stainless fittings and piping. They supply of a range niche stainless press fit plumbing systems that provides are quick to install, aesthetic, hygienic and leak free.

They only supply the products and do not do install. Installations are done by plumbing specialists and the business invested in the necessary crimping tools which they rent out for installation where the specialist do not have their own equipment.

They have a range of local and overseas suppliers, depending on specifications and quality of products supplied.

Their products are used in hospitals, hotels, business development, ablutions facilities, diesel generating industry, waste water industry specifically waste water plants. The product has been specified by a major Supermarket group and as such is used in all their new developments.

They have been involved with the supply of pipework for fuel systems used in alternative energy back up, to the point where this has become the only acceptable method for the environmental protection and general effectiveness.

This is an owner run, work from home business that will need to be relocated to another home or a small mini warehouse. The owner and his wife runs the business and they have one employee that is responsible for managing inventory an order fulfillment, who would wish to remain on in the business.

The owner currently has a small work from home office and utilizes his double garage to store inventory, and some of the steel piping is stored under cover. The owner developed the product based on what has been successfully used in Europe for over 30 years. He is willing to remain on for a negotiated handover period which he believes need not be longer than 3 months. The owner is well past retirement age and wishes to retire, has no other plans, and will be available on a consultancy basis after the handover period.

Inventory is not included in the business price and will be determined during a stock take prior to the business transfer.

Please contact us for more details.

Property Details

Years Established:

20

Inventory Value:

R 2,400,000

Other Business Details

Premise Details:

Work from home...has to be relocated

Business Operation Details

Employees:

1

Relocatable:

Business Relocatable

Miscellaneous Details

Reason For Selling:

Retirement

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