Concrete Manufacturer

Price : R 12,950,000
Listing Type : Concrete
Location : KwaZulu-Natal
Ref No. : 2872
Year Established : 2003
No. of employees : 20
Trading Hours : 07:00 - 17:00
Turnover : R 2 409 385 pm
Cost of Sales : R 1 641 471 pm
Expenses : R 435 734 pm
Net Profit : R 332 179 pm
Asset Value : R 9 810 430
Stock Value : R 500 000
Property Value : R 4 575 000

A profitable Concrete products manufacturing business that was established in 2003 and has been growing successfully over the years. This business manufactures high quality concrete products such as fountains, statues, garden furniture, wall decorations, pots, birdbaths, palisade fences and other garden accessories. The business also offers infrastructure projects such as plant hire, civil, building, general engineering, water projects, road surfacing, bridges and pipe networks. This business supplies municipalities around the area and has contracts to supply more than 100 stores around KZN and the Eastern Cape.

This company has a team of highly qualified and reliable employees which will remain in the business. The business is situated in a light industrial area, operating from 3295 sqm premises valued at R4 575 000 and included in the selling price. The business asking price is R12 950 000 and it generates an average monthly turnover of R2 409 385 with an average monthly net profit of R332 179 before owner’s drawings.

Due Diligence
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