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Business Details

Manufacturing REF: BIZ61434  
Listing Date: 07-10-08 Turnover: R 1 500 000
Asking Price: R 1 000 000 Annual Gross Profit: R 0
Property Included: No Annual Net Profit: R 504 000
Category Description: Screen printers and Embroidery
Lease Term: To be negotiated (Property is owned by the business owner)
Lease Details:
Rental Amount: R 5 500
Staff Details:  
No Full time Staff: 5 No part time Staff: 2
Reason For Selling: The owner is in a partnership with his mother and she wants to retire. After 15 years he would also like to try something new
Business History:
 The business has been operational for many years. The current owner worked for the previous owners and purchased it from them 15 years ago.
Turnover Details: The business turns over R 1 500 000 per annum
Asset Details: There is a full list of assets available which are valued at approx R 450 000.00. Debtors List is R 150 000.00. Suppliers list is R 100 000.00.
Working Capital Requirements: R 100 000.00
General Comments: This business is the only one of its kind that does both screen printing and embroidery work in house. They have regular customers that include a company called Exetex, the University of KZN and D.U.T. The business is ideally situated and well known in the industry.
Listing Brokers Name: Gerard Ronan Branch: Midlands
Office Number: 033 386 6185 Email Address: gr@biz-net.co.za
Cell Number: 082 820 6770 Fax Number: 086 669 2004
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