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Timber Retail & Manufacturing Business

Mpumalanga, South Africa
R4,900,000
Operating Business

Timber Manufacturing, Installations, Importers, Exporters and Retail Suppliers:

A very lucrative and well-established timber business that specializes in manufacturing, retail, and installation of timber related products. This business has positioned itself as a reliable, trustworthy manufacturer and supplier of all types of timber, moldings, cladding, decking, skirtings, knotty pine, panelling and coffin profiles, in the local market. They also sell to neighbouring countries with an export permit in place. They stock and supply all structural timber, mining timber, and shutter ply.

This business also stocks and sells a wide range of poles. This business is a sole distributor for other products that they import from China and America. Their main clients include developers, builders, corporates, and households. The business is setup as a vendor with several mines in the area and is well positioned for the new owner to take the mining supplies part of the business forward as this offers a huge opportunity for growth.

The business is situated on a light industrial stand of 3200m2, including 240m2 of office space with 3 bathrooms, a full kitchen, as well as a big shed of 600m2 and another of 120m2 and the property is valued at R 2,650,000.00. The business has excellent factory processes in place and low monthly overheads. The total asking price for the business, stock and property is R 8 550 000 with an average monthly turnover of R 692,118 and an average monthly net profit of R 101,597.00.

Ref. No : 2645
Year Established : 2009
No. of Employees : 12
Trading Hours : 7am – 5pm
Turnover : R 692 118 pm
Cost of Sales : R 473 441 pm
Expenses : R 117 110 pm
Net Profit : R 101 597 pm
Asset Value : R 4 060 000
Stock Value : R 1 000 000
Property Value : R 2 650 000

Overview

Years

19

Employees

12

Renwick Business Brokers
Renwick Business Brokers
0 out of 5
Total Sales: 0 Total Listing: 69