MARKET LEADER PLASTICS MANUFACTURER NOW FOR SALE OWNER EMIGRATING (CAPE GARDEN ROUTE (Between Mossel Bay and Plettenberg Bay) HIGHLY RECOMMENDED
Short Summary::
Leading Manufacturer and retailer of plastic film products in Western Cape
Listed price
Amount::
7,000,000
Currency::
South African Rand (ZAR)
Total Annual Sales
Amount::
8,000,000
Currency::
South African Rand (ZAR)
Owner Cash Flow: Business Profits including Owners Drawings
Amount::
1,700,000
Currency::
South African Rand (ZAR)
Fixtures, Furniture & Equipment::
3,000,000
(included in price):
Yes
Real Estate::
0
(included in price):
No
Inventory::
280,000
(included in price):
Yes
Financing / Terms:
None available from owner.
Reason for sale:
Owner wishes to emigrate
Training & Support:
Full training and support will be provided up to 6 months.
Business Description:
Well established plastic film & bag manufacturing.
Strengths: 1. Outstanding reputation. 2. Existing contracts & infrastructure.
Weaknesses:1. Business subject to fuel price fluctuation. 2. Raw material obtained from third party.
Opportunities: 1. Establishing own recycling division. 2. Commercial market not exploited to its full potential. Machinery is capable
Threats: 1. Escalation of energy cost. 2. World economic recession.
Historical Summary:
Business in operation for 12 years. Present owner since February 2007, improving process, systems & management, increasing the efficiency resulting in a strong cash flow for the owner.
Potential for Growth:
Current infrastructure and machines produces 90 tons per 5 days working week. It is however capable to produce 110 ton per working week if weekend shifts is scheduled.
Competition::
None local. Closest is PE & Cape Town.
Form of Ownership:
Private Company
Absentee Owner:
No
Days & Hours of Operation:
Office 8h00 to 17h00; Extrusion staff; 2 shifts 07:00 18:00 and 18:00 to 07:00 for 5 days a week. Other production staff 07:00 to 18:00. No supervision for night shift.
Number of Full Time Employees:
21
City:
Southern Cape
Province:
Western Cape
Relocatable:
Yes
Type of location:
Factory
Square Footage:
2900
Facilities / Location Description:
Close to Town Centre. 2500m2 production area, office area 100m2 and storage 300 m2
Back
Print Details
