Profitable And Established Port Elizabeth Light Engineering Business For Sale

Business description

This is a profitable, well established and well known fencing business that is for sale. This business specializes in the production and supply of quality fencing solutions to the Eastern Cape. The business designs, supplies & installs Perimeter Security Installations and Solutions to industrial and domestic clients.

A full house product offering is tendered and clients need to go no further than this business. This business has been successfully trading since 2000 and has built up a solid reputation for reliability, quality and customer service. Located in a well known Industrial area with quick access to main roads.

With its sound name, established clientele and profitability this business is an outstanding purchase

Property information

Real Estate:

Lease

Lease terms:

The premises occupied are owned by Seller and the new owner will have the option to either lease or purchase the building from the Seller for an additional amount.

Location:

Located in a well known Industrial area with quick access to main roads.

Premises details:

The premises consist of a reception area, an office area, a work shop area and a yard area. The premises are well suited for current operations. The premises is owned by the Seller and the Buyer will have the option to lease or purchase the building for an additional amount.

Business Operation

Expansion potential:

Future prospects include:

1) Further growth of existing customer base
2) BEE status development
3) Government Tenders
4) Introduction of new product ranges e.g. CCTV

Competition / Market:

There are 3 other main fencing companies in PE. Each has its own established client base and pricing is more or less the same between the companies. Hence, competition is present but is limited to a customers personal preference

Reasons for selling:

After 11 years in the game the current owner feels it is time to leave the trade and pursue other interests

Trading hours:

Monday to Thursday: 07h45 to 16h45

Friday: 07h45 to 15h00

Overtime and weekends: as required

Employees:

40

Years established:

11

Other information

Support & training:

The current owner will undertake a period of “Due Diligence” to ensure a smooth handover to the new owner.

Furniture / Fixtures value:

R2,800,000 (included in the asking price)

Inventory / Stock value:

R50,000 (included in the asking price)

Related documents:

• 
• Document

Relocatable:

This business can be relocated.