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Pressed Metal Components

Benoni, South Africa
R12,500,000
Operating Business

This company is situated in Benoni on the East Rand. The owner started this business in 1969.

The company specializes in Metal Pressed Components and Tooling manufactured to customers specification. All tooling manufactured in house as well as taking on outside EDM wire sparking.

The company’s main focus is on manufacturing of 7 Lever Locks used in the safe industry and private post box locks for both the local and export market. They also manufacture components, fittings and fixtures used in the Office Furniture Industry such as desk legs, modesty panels, pull out cradles, brackets and fittings. Library equipment used for shelving, bookends and fixtures. Also a customer base of specific metal pressed components supplied on an ongoing basis.

The company has over 50 years of hands on experience and has diversified to suit demands. This company uses the latest CAD Edgecam programing to design and develop tooling and production metal pressings to suit client’s needs.

The factory consists of:

Fully equipped Tool Room

  • Fanuc EDM Wire Spark Eroder
  • Lagun Universal Milling Machines
  • Okomoto Precision Surface Grinder
  • Gromatic Centre Lathe
  • Arboga Pedestal Drill
  • Pehaka Vertical Band Saw/Thomas Horizontal Power Saw
  • 3 Ton Electric Fork Lift /750Kg Electric Fork Lift

Press Shop and Assembly line

  • 12 off -Eccentric and clutch presses with capacities of 5 tons up to 160 tons
  • Guillotine
  • Press Brake
  • Spot Welders
  • Co2/Arc Welders
  • Key Cutting Machines
  • 20KVA Inhouse Generator
  • Compressor

The owner would like to retire. He is happy to assist with a reasonable hand over period. The business is sold as a going concern and includes premises and a substantial cash flow.

Ref. No : 2817
Year Established : 1969
Turnover : R 4 138 330 pa
Cost of Sales : R 1 684 420 pa
Expenses : R 2 088 132 pa
Net Profit : R 669 126 pa
Asset Value : R 7 325 285

Overview

Years

53

Renwick Business Brokers
Renwick Business Brokers
0 out of 5
Total Sales: 0 Total Listing: 114