Price : R 1,500,000
Listing Type :
Blacksmithing
Location :
Durban
Ref No. : 2919
No. of employees : 5
Lease Term : Sept 2023
Turnover : R 234 892 pm
Cost of Sales : R 118 882 pm
Expenses : R 73 750 pm
Net Profit : R 42 260 pm
Asset Value : R 400 000
Stock Value : R 200 000
This is a unique Durban-based blacksmithing operation established over 20 years ago manufacturing a range of tried and tested products distributed through retailers countrywide and beyond, with very little competition in a growing market. Well known throughout the country, the business is well supported by loyal regular monthly clientele and the business prides itself on its product quality and service delivery. The staff complement of 5 operates with very little supervision. The reason for selling is the owner’s retirement. The asking price is R1,500,000 plus stock.
