Established & Profitable Industrial Electrical Company

Overview: This very profitable company focuses primarily on electrical installations to the larger industrial sector. They continue to be the preferred suppliers of some major pharmaceutical companies and boast a solid set of accounts year on year. Their key focus areas are Aircon, refrigeration and control panels which they manufacture in-house.

Turnover: R6.619.000pa

Net profit: R3.030.000pa

Stock: R90.000 (included in sale)

Asset value: R385.000 (included in sale)

Rent: R8.500pm

Years in Operation: 25

Staff : 5

Reason for sale: The owner is retiring

Opportunities: Domestic installations – software development – cold room lighting

Selling price: R7.500.000

ROI: 40%