Summary

Casting Line 1: Flexible silicone molds are vulcanised in-house, then utilised in a 3-stage centrifugal machine, to produce small to medium zinc / pewter castings, which are finished by hand or a multistage vibratory machine before out-house electroplating.
A laser machine, is used for engraving & profile cutting various non-metal materials, as well as, making the master samples for branded custom products before molding & production in zinc / pewter.

Wire Line 2: Two 4-slide wire forming machines, that produces various products drawn off a reel, utilised either in tandem with the casting products or separately for a clients own usage. The volume capabilities are +- 5000 pieces per hour, with several existing dies sets which make an extensive range of wire components.
Support equipment includes a Japac Centre lathe, universal Milling Machine, portable gantry to load the wire coils, fly press & die sets for roller buckle assembly.

Established clients / agents or new clients, call / email in for quotes, which if accepted become orders, converted to a production schedule, for the owner to produce a mould or the two production staff to manufacture the order.
Finished products are Invoiced & dispatched, with new clients paying on delivery vs established clients paying within 30-60 days.
The present markets are related to the apparel, building, & vehicle industries, with other opportunities available.

There is a small main client base, as well as, intermittent clients, with new orders/clients arising through two agents, referrals & facebook.
Two distinct opportunities have been identified but the owner hasn't the inclination to push the marketing, sales, production process; noting that the machinery is utilised at some 30-50% of its 8hr daily capacity. which could bring in some R1-2m turnover.

Nothing

Very few in the main specific market but more in the general market.

The seller is open to :
1. An outright purchase at R.1.4m.
2, A JV hopefully to allow the company to expand
The seller wishes to retire within 3 years, but in the meantime can assist specifically on technical matters as required, while the buyer should have a metal/ fitter/ engineering background or a sales background & hire a techie.

yes monthly in arrears, which would show monthly variations
The ALDES Report includes projections to be discussed with the Broker - Cliff Bell

AFS are available

The owner is fully involved

Situated within a secure industrial complex in an Outer-West Industrial area, the 224m2 factory incl offices, storerooms & toilets, with the landlord open to any lease length at some R17k pm (excl E, W S), with the escalation clause to be negotiated.

The general assets are covered within the preliminary part of the report, while a full list is available,
They are more than adequate for the business, in working condition, would cost over some R1 to 1.4m to buy 2nd hand, while some 2-3 times more if purchased new. The seller has apportioned a price of 1m to the assets.
Main items:
1. Centrifugal spin casting 3 stage Italian machine, used with their own 6 and 12 inch silicone molds with special frames.to presently manufacture 1 500 different trims, buckles, medals & Keyrings
2, Three - four slide wire forming machines have auto feeding variable speeds & once set can manufacture up
too 5000 pieces per hour, capable of making the following:
D-rings in various sizes and wire thicknesses 12mm/14/16/20/25/32/40/50mm
Rectangles for sliders and roller buckles 20mm/25/32/38mm
V-trims & other wire components
Loops10mm/25/32/40/50mm
Prongs 5 styles different wire thicknesses
3, Welded D-rings:
sizes: 20mm to 50mm
Thicknesses: 2.5mm - 3.55mm
4, Laser Pro machine Bed size 965 mm x 610 mm, with front and rear pass through.
None metals such as wood, plastic, fabrics. Used for master making, profile cutting,
name plates and trims, laser cutting fabrics, engraving leather bags etc
5, Milling machine Lathe & bandsaw used for machine maintenance & new die making
FURTHER DETAIL:
CASTING LINE:
1 X 3 Stage Nicem casting machine perfect
working order
1 x 3 stage Nicem casting machine has new PLC
needs programing
1 x De-molding table with cooling fan
1 x vulcanisers with 6 and 12 inch frames with table
1 x vulcaniser complete with jack etc, needs TLC
2 x gas pots on stands in working order
1 gas pot complete needs TLC
2 x spin dryers in working order
2 x vibrators large and small working order
2 x mini grinders one needs relining
2 x double station hand grinding/polishing/ brushing
machines with ducting and extractor fan
1 x sorting sorting table and stock rack
Master molds and production molds with mold racks master shelving
and customer list
1 x pedestal drill
1 x Ingersoll Rand compressor
All 3 phase machines include isolators and existing cabling
Value R325 000
WIRE LINE:
2 x four slide wire machines with guards one has variable speed gearbox
including de-coilers
1 x four slide wire machine no guard has variable speed gear box including
de-coiler
Butt welder for D rings and rectangles
Metal table with bins for dies as well as spares
1x 2 ton fly press with assembly dies for the roller buckles
1 x 5 ton fly press with assembly dies for the roller buckles
1x pneumatic press with metal table
2 never used spare wire Feed clutches
Various die sets from previous pressed components
Various dies currently used to produce our wire range 30 + different
components
Overhead gantry with block and tackle for loading coils
Pedestal grinder for sharpening cut off dies
Strip steel 0.5 mm x 25 x 10 coils / 0.5 x 30 x 20 coils / 0.5 x 36 x 2 coils
for making the roller on the roller buckles
Various drums and plastic bins for stock
2 metal racks with shelving for stock and parts
Unprocessed wire stock R 20 000
Wire Components plated and un-plated includes strip steel rollers for
roller buckles value +- R 120 000
Total Value R 690 000 all above is in perfect working order

The seller wishes to retire within 3 years & is open to an outright sale now or a JV going forward, preferably that allows the business to expand.

Well equipped with very good staff and the capacity to grow production by some 50%.