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Commercial Machinery Sales, Maintenance and Tool Manufacturing Business in Johannesburg

R 18,500,000

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This company sells & supports ultrasonic machinery and manufactures tool attachments for the machinery. Sales are made to multiple product manufacturers across many industries in South Africa. Equipment sold and supported:· Thermoplastic assembly machines and systems· Thermoplastic staking systems· Metal welding assembly machines and systems· Tools for machinery attachments. These tools are manufactured in-house and define how the machinery is used.· Supports automotive industry product development engineersBoasts sole Southern African machinery distribution rights with a trusted, quality brand of machinery.Industries using this machinery:· automotive – all manufacturers and most OEMs· plastics converters· food processing - cutting· packaging· medical non-woven fabric joining e.g., face masks and over garments The new owner can expect:· To continue receiving ongoing enquiries, orders and service needs· The reputation of our efforts over 50 years to be ongoing· Increase the volumes of business by putting a rep in the market – something we have lacked.· An ongoing business with few surprises· Build the business by adding services/machinery marketable to the same customers using our excellent reputation in the market· Add other agencies which are concentric with this business In Detail for 2022:· Established business for: 46 years· Annual Revenue/Turnover: approx. R11 500 000.00· Nett Annual Profit: approx. R3 250 000.00· Reason for Selling: Owner is planning to retire. StaffA well experienced and loyal staff.9 employees altogether, which includes 2 Directors. PremisesLocated in the South of Johannesburg on an approx. 384 square metre property.This property, which is owned by the business owners, is two levelled with admin offices and reception area situated on the 1st floor. The service area, applications lab, tool room and manufacturing area are located on the ground floor.The building has 3 phase electrical power supply available all supplied from an in-house diesel generator. The premises is situated in a commercial/manufacturing zone.Public transport facilities easily accessible and nearby. Further information on the property is available on request. Listed priceThis superb business which has an excellent track record is listed at R18 500 000.00 NEG.The asking price for the property is R3 000 000.00. The sale of the business is not dependant on the sale of the property.

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