Successful Cape Town Manufacturing Business Selling Into Strength For Sale

Business description

While so many so called "businesses" struggle to survive, this money generator continues to generate good profits in difficult times with an excellent management team.

The owner spends weeks on end in the bush, knowing that his team is able to deal with any contingency, and deliver the goods. This is the sign of a real business - when the principal shareholder returns, it will be to a more valuable business.

Of course dealing only with blue chip clients also helps. Secure contracts, no payment problems and ongoing projects all mean that cash flow is reliable and secure.

A net current asset (debtors and inventory, less creditors) position of R6M, profits before tax of R5M for the year ending February 2011.

Nedbank has confirmed its willingness to get involved in the deal financials, and the owner is willing to to provide a good dose of seller finance to the right purchaser, as well. We're looking for serious investors wanting to investigate and make a bid on this outstanding opportunity.

Property information

Location:

There is more than enough information available to prospective purchasers who complete the Suitegum NDA.

All financials are audited and properly accounted for. There are NO financial shenanigans to this business. What you see on the bottom line is the real profit. No maids, school fees, groceries, home entertainment or similar has been passed through.

The seller is looking for a decent offer for a very good business.

Business Operation

Expansion potential:

There is more than enough information available to prospective purchasers who complete the Suitegum NDA.

All financials are audited and properly accounted for. There are NO financial shenanigans to this business. What you see on the bottom line is the real profit. No maids, school fees, groceries, home entertainment or similar has been passed through.

The seller is looking for a decent offer for a very good business.

Reasons for selling:

Time to move on

Trading hours:

There is more than enough information available to prospective purchasers who complete the Suitegum NDA.

All financials are audited and properly accounted for. There are NO financial shenanigans to this business. What you see on the bottom line is the real profit. No maids, school fees, groceries, home entertainment or similar has been passed through.

The seller is looking for a decent offer for a very good business.

Other information

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Bank and seller finance to approved purchaser at the right price