Manufacturer Of Boats & Other Fiberglass Products For Sale

Business description

For the last 27 years this successful family business has been building boats for leisure, commercial application, rescue missions, army operations and public transport, offering the best workmanship and materials available on the market. Their boat builders are amongst the best in South Africa and many have been working with the company for over 15 years.

With the capacity to build from canoes to 21 feet luxury boats, this company is the leader in the Southern Cape when it comes to manufacturing boats and other fiberglass products. They are the only cabin builders in the area between Durban and Cape Town. They hold amongst others the Yamaha agency for the area.

The asking price includes property in a prime location where the factory is located but excludes stock to the value of +/- R3mil. The assets include various moulds for boats and other products.

There is unlimited potential for fiberglass products in the market. This business has huge potential in the hands of a passionate, sales driven individual with a flair for marketing.

Please enquire to receive a detailed information pack on this business opportunity.

The owner wants to retire and will consider all offers. Full business profile available on request.

Property information

Real Estate:

Real Property Included

Size in square feet:

The fixed property where the showroom & factory is located is included in the asking price. The buildings cover an area of +/- 2100m². The property consists of two adjacent stands with total area of +/- 2117m². One erf is zoned for business and the second one is zoned for Industrial.

Business Operation

Expansion potential:

Yes

Reasons for selling:

Owner is retiring.

Trading hours:

Monday to Saturday

Employees:

8

Years established:

27 years

Other information

Support & training:

Will be provided and the owner is prepared to stay on for an agreed period until the buyer is comfortable taking full responsibility.

Furniture / Fixtures value:

R8,000,000 (included in the asking price)

Inventory / Stock value:

R3,000,000