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Engineering Firm

Johannesburg, South Africa
R89,000,000
Operating Business

Engineering firm located north of Johannesburg, established in 1976 bought by the current owner in 2007 supplying to long term clients mainly in the mining industry across South Africa and Africa with individually designed vibrating technologies to suit customer specifics. This Company is the home of the Two Mass NF Electro Mechanical Vibrating Feeders . Products include Spiral Elevators, Vibrating Tables, Vibrating Conveyors, Shake-Outs, Complete Mineral Feed Prep Plants, Drawdown Hoppers, Vibrating Bin Discharges, Vibrating Screens, Bruit Force Feeders, and much more.

They also supply and repair a full range of Vibrating motors and supply spares. This company is one of few that produces these complete machines and has an excellent reputation in the industry. The company can be relocated, or current lease can be renewed with  first option to purchase. This company is considered a small/medium player in the market but can be geared to become a big player in the industry with very little effort and cost.

Suitable for an existing engineering firm to acquire or for an individual or group of partners who has this kind of background and would like to take on this amazing opportunity to grow  and stream line this company.

Ref. No : 2800
Year Established : 1976
Turnover : R 604 597 pm
Cost of Sales : R 296 252 pm
Expenses : R 175 062 pm
Net Profit : R 133 282 pm
Asset Value : R 1 520 160

Overview

Years

46

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