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  • Mandate: 33717
  • Added: 12 Dec 2019
  • AFS
  • 359

Custom build trailer manufacturer in Randfontein

Gauteng, Other
Mandate 33717
Added 12 Dec 2019
R 7,500,000* ZAR
Stock: R 1,200,000
Assets: R 2,172,000
R 200,627 ZAR
Louis Aucamp
Aldes Pro

Manufacturing of custom trailers for the agricultural sector and transportation of livestock for the last 15 years. They export to neighboring countries. The property of 3 hectares which includes a house is also available

R 7,500,000* ZAR
Stock: R1,200,000
Assets: R2,172,000
R 200,627 ZAR

Manufacturing of custom trailers for the agricultural sector and transportation of livestock for the last 15 years. They export to neighboring countries. The property of 3 hectares which includes a house is also available

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Fully describe the business's activities?
The company specializes in the manufacturing of high quality custom build trailers for the transport of livestock, Agricultural industry, Recycling trailers, enclosed trailers , SAPS, medical transportation. They also manufacture custom steel works The company was started 15 Years ago with limited cash and only 1 staff member. I has been build into a company with 19 staff members which also exports to the neighboring African states.

How long has the business been established?
15 years

How long has the owner had the business?
Owner strated the business

What steps are in place to solve 'load shedding' problems?
There is a generator on the premises.

How does the business operate on a daily basis?
Owner will received request for a trailer. After consultation and approval of the workability of special features a design is put on paper. The owner will procure the necessary stock for manufacturing. The staff would build the trailer according to the design papers. Finished product will only be release on receipt of full payment. They also do maintenance on trailers.

How are the clients attracted to the business?
Social media, Internet and referral of existing clients

What Advertising/Marketing is carried out?
No specific advertising campaigns

Does the business have any contract work?

What competition exists?
There are various trailer building companies in South Africa

What are the seasonal trends?
June to August is slower months

Is the business VAT Registered?

What VAT documentation is on file?
All available to serious buyers

Are there up-to-date Management Accounts available?
Yes , only available to serious buyers

What Balance Sheet and Income Statements are available?
July 2019 available to serious buyers

What percentage of the business is cash/credit?
They do not sell on credit

How could the profitability of the business be improved?
Advertising and black owned business will get additional contracts from state deppartments

Is Seller finance available and for what amount?

What is the total staff complement?

Do any receive special perks or incentives?
Do get a bonus

Are they on contract?
Yes all are on contract

Do any have management potential?

How involved is the Owner in running the business?
100% on a daily basis

When does the current lease end?
Current property is owned by the owner. Property is also available to purchase as a separate transaction. Details available to serious buyers.

What are the trading hours?
Mon to Thu 07:00 - 17:00 Fri 07:00 - 12:00

What is the square meters of the business?
Workshops is 1200sqm

Who is the Owner/Landlord?
The owner of the business

Do you require a licence?
You need to be registered with NRCS, Mibco and SARS as a trailer manufacturer and exporter. The company is registered.

What lease deposit and/or other surety is required?
This needs to be negotiated with the current owners if the property is not bought as part of the deal. There is provision on the financials for monthly property rentals

What are the main assets of the business?
Machines and equipment. A detail list available to serious buyers

Are any items not included in the sale?
Private vehicle on the company books will not be sold .

What is their overall condition?

Do any require repairing?
Normal maintanance

How have they been valued ?
Owners valuation

Which assets are on lease/HP and with whom?
Privat vehicles

Will Seller settle or Buyer to take over?
Seller will settle as part of sale agreement

Are they presently insured?

They produce quality product in a niche market. They have a large customer base who continues to buy from them Registered as exporters of custom build trailers

They are not BEE level 1 complient and looses out on goverment contracts

Large amount of contracts is available for BEE level 1 companies

What is the reason for the sale?
Owner whishes to retire and relocate

Why is this a good business?
They continue to produce good financial results even in the slow economy with a large return customer base for their quality products

What is the price plus stock and the profit?
The business is valued at R6 300 000 excluding stock. The current stock is valued at R1 200 000. The property of 3 hectares which includes the house where the current owner lives in is available for an additional R6 000 000.

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