Sectors / Category

Annual turnover

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  • Mandate: 34450
  • Added: 03 Jan 2022
  • AFS
  • 378

Brick and Concrete Product Manufacturer

Western Cape,
378
Mandate 34450
Added 03 Jan 2022
R 10,250,000* ZAR
Stock: R 2,000,000
Assets: R 6,105,000
R 194,993 ZAR
Werner van Niekerk
(PRINCIPAL)
Aldes Pinnacle
Western Cape, Riversdale
Western Cape, Riversdale
Summary

Brick factory producing bricks, precast concrete structures, agricultural cement products, RIP and block slabs

Brick and Concrete Product Manufacturer
SELLING PRICE AFS
R 10,250,000* ZAR
Stock: R2,000,000
Assets: R6,105,000
R 194,993 ZAR
Summary

Brick factory producing bricks, precast concrete structures, agricultural cement products, RIP and block slabs

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please supply us with your details below

Fully describe the business's activities?
Manufacturing of cement products i.e. bricks, pavers, lintels, kerbs, agricultural products

How long has the business been established?
10 Years

How long has the owner had the business?
3 Years

How does the business operate on a daily basis?
Production plant running different lines of product

How are the clients attracted to the business?
Word of mouth

What Advertising/Marketing is carried out?
None

Does the business have any contract work?
Yes

What competition exists?
None in the area

What are the seasonal trends?
Building trade down during festive season

How did the Covid-19 pandemic impact the business turnover / daily operations?
None

What steps / actions have been taken to combat the effect of Covid-19 pandemic?
Safety and Health precautions for personnel

Is the business VAT Registered?
Yes

What VAT documentation is on file?
Full financial documents available

Are there up-to-date Management Accounts available?
Yes

What Balance Sheet and Income Statements are available?
Audited Financial Statements available

How could the profitability of the business be improved?
Marketing as well as SABS certification

Is Seller finance available and for what amount?
Yes

Are they on contract?
Yes

Do any have management potential?
Yes

How involved is the Owner in running the business?
50%

When does the current lease end?
New lease to be negotiated with the owner

Is there an option of renewal & what period?
Yes 10 years

What is the annual escalation %?
New lease to be negotiated with the owner

What are the trading hours?
07:00 - 17:00

Is a copy of the lease available?
New lease to be negotiated with the owner

Do you require a licence?
No

What lease deposit and/or other surety is required?
New lease to be negotiated with the owner

What are the main assets of the business?
Brick plant

Are any items not included in the sale?
Yes Vehicles

What is their overall condition?
Very good

Do any require repairing?
No

How have they been valued ?
Replacemnt value

Which assets are on lease/HP and with whom?
NA

What are their settlement amounts?
NA

Strengths?
Only manufacturer in the area

Weaknesses?
No Marketing or marketer

Opportunities?
New developments in the area

Threats?
No SABS Certification

What is the reason for the sale?
Owner has other business interest which he needs to focus on

Why is this a good business?
This business is strategically situated in an area that is earmarked for major development

What is the price plus stock and the profit?
R8 250 000

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AGENCY DETAILS

Aldes Pinnacle

1 members
4 mandates
Western Cape , Riversdale
12 Lobelia Street
Riversdale
6670

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