R 5 985 000
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950 m² Industrial space in Hamilton

2 1 3 965 m² 950 m²

INDUSTIAL PROPERTY SOLD AS A GOING CONCERN

This is the opportunity of a lifetime. Plug into this highly successful industry and start earning from the word go.

The Bloemfontein factory was acquired by the current owner 18 years ago and has gone from strength to strength to the successful industry that it currently is.

The Bloemfontein branch is part of a nationwide group of extremely successful branches. The owner is only selling due to retirement.

The company''s income is derived from manufacturing and selling decorative paving products but can be increased by adding a landscaping service. Their products include cobble paving, flagstone paving, wall cladding, landscaping products, and much more.

This company has sound financial records to substantiate its income.

Financial statements, for the past five years, are available to serious buyers who are willing to sign an NDA.

The manufacturing plant which consists of an industrial property with a warehouse and all equipment is included in the sale.

The value of the property, excluding equipment, is valued at R2 mil.

What is included in the sale:

1. The business as a going concern

2. The manufacturing plant

3. Equipment valued at R2.2 mil that includes vehicles, forklifts, etc, and

4. Stock to the value of R800 k.

Financial Information:

1. ROI - 31% (Excluding the fixed property)

2. Gross Profit % - 68-70%

3. Nett profit % - 20-22%

The property consists of a factory which includes a yard and a warehouse in an industrial area where the products are being manufactured. There is a separate display center (showroom) within a popular suburb in Bloemfontein where potential clients can view the different products.

Premises Details:

The manufacturing premises consists of a yard, a warehouse, and an office. The showroom displays a vast variety of its products and has a well-trained team with a wealth of knowledge to assist potential clients regarding the perfect option for exceptional outdoor living.

3965 square meters.

The operating area allocated to the franchisee includes the Free State, Northern Cape, and parts of the Eastern Cape. It is a large area with plenty of room for expansion. There is a massive opportunity to increase the profit of this already profitable company by implementing a landscaping consulting service with its current products.

The brand is well established and other paving manufacturing companies may have a difficult time matching the products and quality thereof.

The owner is willing to stay on for three months, after the sale has been completed, to assist the new buyer. Training and support will be provided by the franchisor once the buyer''s vetting process has been completed and approved.

Furniture / Fixtures value: R2,216,000 - included in the asking price

Inventory / Stock value: R800,000 - included in the asking price

Please feel free to phone me to discuss this quick seller further

Property details

  • Listing number T4092083
  • Property type Industrial
  • Listing date 21 Aug 2024
  • Land size 3 965 m²
  • Floor size 950 m²
  • Rates and taxes R 5 898

Property features

  • Bathrooms 2
  • Open parking 1

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