Industry knowledge to identify and source tools and equipment required to maintain and repair hi tech installations.
Listed price
Amount::
11,500,000
Down Payment
Amount::
11,500,000
Total Annual Sales
Amount::
20,000,000
Owner Cash Flow: Business Profits including Owners Drawings
Amount::
2,500,000
Fixtures, Furniture & Equipment::
3,000,000
(included in price):
Yes
Real Estate::
0
(included in price):
No
Inventory::
2,000,000
(included in price):
No
Financing / Terms:
Cash.
Reason for sale:
Owners retiring.
Training & Support:
Will be provided as required and agreed in negotiations.
Business Description:
The identification of and sourcing of requirements to enable the maintenance and repairs required to high technology installations. Ensuring that exclusive international agencies are negotiated and the efficient manufacturing of certain products locally.
Historical Summary:
The business commenced operations in 1965. Steady growth was was achieved over many years as the usage of high tecnology became an ever more integral feature in the operation of all businesses.This equipment requires a large range of specialist tools and ancilliary products for maintenance and repair work.
Potential for Growth:
The usage of and continual rapid development of high technology equipment right accross the spectrum of business and industry ensures a continually expanding market.
Special Requirements for New Owner (if applicable):
An understanding of the wide range of high technology equipment and keeping up to date in what is a very fast changing and innovative field.
Competition::
Little of significance. This company is market leader, very well known and long established.
Year Established:
1965
Year of Acquisition::
1965
Form of Ownership:
Private company
Absentee Owner:
No
Franchise Information:
Not applicable
Percent of Business Online:
20
Days & Hours of Operation:
Weekdays - 08h00 to 17h00.
Number of Part Time Employees:
0
Number of Full Time Employees:
30
City:
Johannesburg
Province:
Gauteng
Relocatable:
No
Type of location:
Industrial - Commercial
Square Footage:
1500 sq m.
Facilities / Location Description:
Full administration office and showroom for the display of samples of a wide range of products. The company has sales and distribution branches in Durban and Cape Town.
Back
Print Details
