Successful High Precision Tooling And Stamping Engineering Business For Sale

Business description

This is a well known and successful high precision tooling plus stamping company that services mainly the motor industry. This business offers a variety of engineered parts ranging from connectors, to harnesses, to pressings and similar items to the local and international vehicle market.

The business is located in a well known manufacturing area in Port Elizabeth. The business has been around for 17 years and boasts some really big name clients. The sale includes 5 properties from which the business operates. The premises are in very close proximity to each other.

The business is ISO/TS 16949, ISO 9001 and RMI accredited. The Seller is looking for an outright purchase of the business but will consider a lease arrangement for the right buyer.

This is a serious opportunity to any business person or company wishing to acquire an established, profitable and well know engineering business that is successfully operating in the motor trade.

Property information

Real Estate:

Real Property Included

Location:

The business is located in a well known manufacturing area in Port Elizabeth

Premises details:

The sale includes 5 properties from which the business operates (+-2000m2)

Size in square feet:

2,000

Business Operation

Expansion potential:

Future prospects include:

1) Further growth of existing customer base
2) Additional BEE status development
3) Government Tenders
4) Introduction of new product ranges
5) Further development of the export market.

Competition / Market:

The business will face competition from other established engineering businesses. The business’s quality and additional capacity give it a large competitive advantage over other operators in the industry

Reasons for selling:

Retirement and other business interests

Trading hours:

Mon to Thur: 07h00 to 17h15

Friday: 07h00 to 13h00

Employees:

32

Years established:

17

Other information

Support & training:

Full training and support will be provided

Furniture / Fixtures value:

R13,000,000 (included in the asking price)

Inventory / Stock value:

R3,000,000 (included in the asking price)

Relocatable:

This business can be relocated.