Ref. No - BFS00352
South Africa, South Africa CountrywideRef. No - BFS00352
Sector - Manufacturing
Summary
This family business has over many years meticulously built up a packaging business focusing on the industrial/commercial and agricultural sectors and today has a well established and loyal database of returning clients
They have through the years created innovative and creative solutions to adhere to their clients needs, including researching new affordable trends in the packaging industry
These packaging products include all shapes and sizes of product offerings and is manufactured to the stringent requirements of their clients and hence their growing base of clients
The staff members are well trained and experienced to execute the orders received within the time lines set by management and the clients
The reason for selling is that the owners wishes to retire, serving the packaging industry with excellence and outstanding client service
The owners are prepared to stay on for an agreed time to train a new buyer
The buildings (in extent of 2230 sq meters) from where the business is conducted, is owned by the owners and can be purchased for an amount of R22 million
Give me more informationIs the business VAT Registered?
Yes it is VAT registered
Average annual turnover – R35,8 million
Average annual COS- R19,6 million
Average annual GP- R15,8 million
Average annual NP (EBITDA) with add backs R5,2 million
Selling price
R26,5 million excl stock- stock amount +/- R1,5 million
When does the current lease end?
The premises (2230 sq meters in extent), are also owned by the owners and can be bought for R22 million
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