Engineering Business

Western Cape

R 1 450 000

Financial Information






Detailed financials available on request


This well-established engineering business that is based in the Southern Suburbs of Cape Town, is now for sale due to the current owner wanting to retire. The business has built up a loyal customer base of both architects and interior designers who specify work for their clients. Projects include large shopping centers, staircases for houses, commercial buildings, and residential commissions. The business is located in a small industrial unit with very low overheads and specialized industrial machinery. It has been established since 2007 and currently shows a very strong net profit. This is an ideal opportunity for someone in this industry wanting to relocate to Cape Town and expand on an existing and profitable business, or an existing business wanting to expand their customer base. There is a complement of 4 full-time staff members and the owner is prepared to have a hand-over period and consult if required.

Reason for selling

Retirement
Annual revenue
R 2,815,000
Monthly cash flow
R 70,000
Stock value
R 10,000