Sectors / Category

Annual turnover

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  • Mandate: 34904
  • Added: 02 Nov 2021
  • AFS
  • 500

Dynamic engineering company - water, pumps, maintenance and manufacturing

Western Cape, Other
500
Mandate 34904
Added 02 Nov 2021
R 7,995,000* ZAR
Stock: R 100,000
Assets: R 2,618,023
R 230,855 ZAR
Pieter De Beer
(PRINCIPAL)
Aldes Impetus
Western Cape, Cape Town Atlantic Seaboard
Western Cape, Cape Town Atlantic Seaboard
Summary

This innovative, fast growing and dynamic engineering company operating in the Western Cape region is available for someone new to reap the rewards that the owners has built. The company provides quality products and services to its public and private clients. It has four internal divisions, namely infrastructure maintenance, water engineering, pumps & maintenance and manufacturing.

Dynamic engineering company - water, pumps, maintenance and manufacturing
SELLING PRICE AFS
R 7,995,000* ZAR
Stock: R100,000
Assets: R2,618,023
R 230,855 ZAR
Summary

This innovative, fast growing and dynamic engineering company operating in the Western Cape region is available for someone new to reap the rewards that the owners has built. The company provides quality products and services to its public and private clients. It has four internal divisions, namely infrastructure maintenance, water engineering, pumps & maintenance and manufacturing.

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Fully describe the business's activities?
This innovative, fast growing and dynamic engineering company is operating in the Western Cape. The company provides quality products and services to its public and private clients. It has four internal divisions, namely infrastructure maintenance, water engineering, pumps & maintenance and manufacturing. They employ approximately a dozen specialized staff, all based at its factory in Cape Town. The company is technically oriented and strives towards service excellence in technical sales, engineering, service and infrastructure maintenance. The current owners are immigrating to Berlin, Germany and this is the reason for reluctant sale.

How long has the business been established?
The Business Commenced operations in 1999

How long has the owner had the business?
Since March 2017

How does the business operate on a daily basis?
The business relentlessly targets the infrastructure maintenance crisis (which South Africa currently faces and will be forced to deal with in the years ahead), not only in the Western Cape, but in all afflicted provinces. The business is positioned for additional branches opening soon, and certainly a national roll out into Gauteng or KwaZulu Natal is achievable with proper planning. Operational information will be disclosed to approved and serious buyers

Does the business have any contract work?
Yes - to be disclosed in DD

How did the Covid-19 pandemic impact the business turnover / daily operations?
The Business has grown substantially during the last 24 months.

Are there up-to-date Management Accounts available?
Detailed Financial Information will be disclosed during a DD.

How could the profitability of the business be improved?
The Business has just secured a 3 year tender for over R 6mil. The profit to be added to the bottom line, in essence will take the business at the end of the 2022 season to possibly over R 3,5mil in EBITDA.

What is the total staff complement?
The company employs approximately a dozen specialized staff

When does the current lease end?
April 2025

What are the main assets of the business?
Full asset list on file.

What is the reason for the sale?
The owners will be emigrating to Germany

Why is this a good business?
All requirements to receive excellent tenders is in place. This business is suited towards a passionate entrepreneur with some mechanically inclined and technical background. This pioneer will look to capitalize on the vast market which constitutes the water pump and allied industries in the Western Cape SERR ensures excellent tender opportunities !

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AGENCY DETAILS

Aldes Impetus

2 members
19 mandates
Western Cape , Cape Town Atlantic Seaboard
Cape Town, Western Cape
Cape Town Atlantic Seaboard

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