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Established Engineering Business

Cape Town, South Africa
R2,300,000
Operating Business

A rare opportunity to purchase a precision engineering business at this bargain price!.

This 480 square meter operation is situated in a thriving business park in the northern suburbs. An established 37 year old business selling below asset value offers a huge investment opportunity for significant growth. The owner is prepared to stay on for 6 months to facilitate a smooth handover. All financials, asset lists and any other necessary documentation is available on request.

Selling price – R2.3million

Furniture, fixtures and fittings are included in the selling price.

Turnover – R4million pa (last 5 year average)

Net Profit – R290 000 pa (last 5 year average)

Equipment Value (Including 3 vehicles) – R4million (Included in selling price)

Reason for sale is because the owner is retiring and is looking for a quick sale.

Overview

Years

37

Biz2Sell Business Brokers
Biz2Sell Business Brokers
0 out of 5
Total Sales: 0 Total Listing: 34