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VERY PROFITABLE, WELL ESTABLISHED, STEEL MANUFACTURING BUSINESS

Posted Oct 02, 2019  
1213 Visits
Province: Gauteng
City: Southern Suburbs
VERY PROFITABLE, WELL ESTABLISHED, STEEL MANUFACTURING BUSINESS
Their core work consists of Structural Steel Fabrication and Installation, Metal Works and Balustrade Division, and Plate Work Fabrications. This 20 year old well run company, is generating a net profit of R8 million a year, and more. The owners are selling in order to focus on other companies in their group, which have lacked focus because of this one being the main priority. Very clean business with audited financials. Owners will hand over properly to ensure continuity. There are certain contracts in place. This is a golden opportunity to acquire a phenomenally proven successful business, with huge potential, and to further expand it, at the ridiculous low price earnings ratio of only three.
PRICE: R24 MILLION not negotiable.
!

Jeff


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