- Listing ID: 881953
- (Seller ref: PKIENEC)
Port Elizabeth Precision Engineering Business For Sale
- Location:
-
- South Africa
- > Eastern Cape
- > Port Elizabeth
- > Port Elizabeth
- Category:
- Type:
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Summary
- Asking price:
- R1,300,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- R1,400,000
- Cash flow:
- R975,287
- Years established:
- 24 Years
- Employees:
- 4 Employees, owner managed & run
- Relocatable:
- This business can be relocated.
Business description
This long standing engineering business is truly unique in its nature. It was started 24 years ago by the current
owners and has been trading from the same premises for the last 22 years.
Core services offered include precision engineering in guages and press tool parts for production machinery.
The business has a strong and loyal cient base that has been established over many years, which includes a variety
of "big name" clients. The relatively high levels of focus and specialisation have resulted in a secure client base,
despite the fact that this business operates in a large market.
This is a family owned and run business, and a proper handover and training period will be offered to ensure that the
necessary skills are transferred, and that business operations are not interrupted.
The business also owns the premises from which it operates, and the owners will consider selling the premises as
well if required.
Property information
- Location:
- Industrial Area
- Premises details:
- Erf size 476 sq.metres, with 276 sq.metres under roof. Room for expansion. The premises is owned by the seller, and he will also consider selling the premises if required.
Other information
- Support & training:
- As the business os owner run & managed, one of the owners is prepared to stay on for a period of time to effect a proper handover.
- Reasons for selling:
- One owner is busy emmigrating
- Furniture / Fixtures value:
- R630,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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