Plastic pole / Dropper Manufacturing for sale

Plastic pole / Dropper Manufacturing with Patent and Own Mould for sale

Great opportunity to buy a well established NICHE business which has already shown growth year on year with 2022 showing a growth of 70%
The business is ever growing and the demand for the product is high due to the metal poles that are constantly being stolen.

There is a bakkie which included in the sale price.
The Current Owner is willing to stay on for a full month hand over and continue to supply new owner with Raw materials at a good price – This business is easily run and is a great one man business
A business is valued on a P/E of 3 plus stock and cash in bank as a general rule of thumb.
EBIDTA VALUE = R 1,451,251( Moulds, Cash)
Net profit for 11 months as per management accounts =R 410,522
Average NP per month of R37,000 x12 months = R 444,000
Multiplied by a P/E of 3 = R 1,332,000

Selling at R1.15 million including bakkie and another Mould which has not yet been introduced to the market