Profitable Long Established Engineering Business in Cape Town
A rare opportunity to purchase a precision engineering business at this bargain price.
This 480sqm operation is situated in a thriving business park in the northern suburbs.
An established 37 year old business selling below asset value offers an investment opportunity for significant growth.
The owner is prepared to stay on for 6 months to facilitate a smooth handover
All financials, asset lists, etc available on request
Selling price – R2.5million
Furniture, fixtures and fittings are included in the selling price.
Turnover – R4mill pa (last 5 year average)
Net Profit – R290k pa (last 5 year average)
Equipment Value (Including 3 vehicles) – R4million (Included in selling price)
The owner is retiring and is looking for a quick sale.
For more info email firstname.lastname@example.org or call 084 082 9106