Successful And Established Steel Fabrication Company For Sale

Business description

Company has been established 13 years, and has built up a solid client base. The business consists of the following: 2 x laser cutting machine (Trumpf and Prima both in excellent working condition), 1 x CNC bending machine, spot welder, TIG/MIG and alluminium welding facilities. 2 x essentric presses, grinding facilities and assembly area. Included in the sale is delivery vehicles: 1 x Mitsubishi 4 ton VUSO (2008), 1 x KIA Pregio(2001) and 1 x Mitsubishi double cab (2004)
Our core business is manufacturing products for the AV market. Our major lines are listed and sold in 2 major retail stores country wide. Furthermore we fabricate steel products (ferrous and non ferrous metals) from design right through to the end product, based on the clients specifications.

Property information

Real Estate:

Lease

Lease terms:

2 year lease period - expiring Jan 2010

Leasehold rent:

R385,000 per annum

Location:

High street location in Stormill, Roodepoort

Premises details:

1200 SQM of factory space - including 5 offices

Other information

Expansion potential:

Expansion potential in the laser cutting department is huge. There is an enormous untapped laser cutting need in our area and surrounds.

Competition / Market:

None in the area - only 1 competetor in the AV market. But has not impacted on our core business.

Support & training:

Our MD is prepared to offer 3 months of training and due diligence - at a negotiable salary.

Reasons for selling:

Owner is unfortunately very ill.

Trading hours:

Monday to Thursday: 7:30am - 4:30pm
Friday: 7:30am - 1:30pm

Furniture / Fixtures value:

R180,000 (included in the asking price)

Inventory / Stock value:

R450,000 (included in the asking price)