This is a HIGHLY specialized business. Experts in the manufacturing of air tools, spares, parts and repairs. The business has been owner run for 47 years. The equipment, experience and knowledge that has been built up over this time is remarkable. Experience in engineering, a mechanical background and/or knowledge of pneumatic tool operations is required by a passionate tradesman looking to take over this well – known brand.

Features:

  • Experience in tool making and manufacture
  • Locally manufactured pneumatic air tools & spares
  • Factory & property owned
  • Highly specialized craftsmanship
  • Owner is willing to stay on and assist with hand over and training
  • No debt with the business
  • Backup stock
  • Website setup
  • Guaranteed customer base – only supplier for spares of power tools for current users
  • Good client base for referrals
  • Opportunities for expansion & growth
    • Currently no salesman
    • Currently only open 4 days a week

In detail –

Established business : Since 1973

Employees: 1 permanent staff member and owner run the business full time

Annual Wages: Currently N/A

Trading hours: Monday – Thursday: 8:00 – 16:00

Annual Revenue/Turnover: R1 200 000

Annual Profit : R480 000 (~R40 000/month)

Owner’s Takings : R720 000 ( ~R60 000/month) including expenses

Asset Value: Asset list available on request.

R2 900 000 including factory & property valued at R1 800 000

Current Stock Value: R100 000 (TBC)

Lease Agreement:  Currently N/A – property owned

Rental: Currently N/A – property owned

Utilities: R2 504/month

Reason for Selling: Owner is retiring

Financials: Available on request – 2019 & 2020

Asking Price – R3 200 000

Contact :  Bradley Gray / 083 616 0673 / bradley@biz2sell.co.za

Property Features

  • Business with Property