commerce
Business trading platform
24
Renwick Business Brokers
Renwick Business Brokers
0 out of 5
Total Sales: 0 Total Listing: 69

Milling & Lathe Tooling

Durban, South Africa
R6,500,000
Machinery

Milling & lathe tooling business for sale in Durban. The founders started the business in 1995 in a small workshop and operated as a tool and cutter grinder engineering business, in 2000 they experienced increased demand, good growth and profitability and expanded to new premises and purchased a mill & lathe with their profits, in 2005 they had grown large enough to need additional space and then took over the unit next door and expanded into having more than double the space. The business now occupies 3 units and continues to grow significantly.

Ref. No : 2621
Year Established : 2005
No. of Employees : 6
Trading Hours : 7:00am – 5:30pm
Turnover : R 468 863
Expenses : R 151 609
Net Profit : R 110 738 pm
Asset Value : R 3 100 000
Stock Value : R 130 000

Overview

Years

17

Employees

6

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