Established Security Fencing Business In Durban – Bargain @ R695 000.

Established Security Fencing Business In Durban – Bargain @ R695 000.
Durban, KZN , South Africa

R695,000
Type Fencing and Gates
An established Clear View and Mesh Wire security fencing and razor wire installer, which has been operating for 28 years within KZN, is now on the market since the owners are emigrating. This independent business also manufactures steel gates and some specialised customised steel products such as geyser stands and steel cages.

The purchase price includes a Hyundai H100 vehicle and 2 trailers (value around R100k). With the business comes a range of equipment including a ban-saw, 8kw portable generator, auger drill, compressor, hydraulic press, pipe bender, plasma cutter, 3 welding torches, various grinders and small tools with a replacement value in excess of R 80k.

The business benefits from bulk discounts which it gets from its suppliers which enables it to offer its services to its established client base at favourable and competitive prices. The business is supported by a skilled team of 6 full time and experienced staff who have many years of experience in fencing installation and steel fabrication. This business does require a full time and involved owner-manager to successfully grow this business. The business has seasonal fluctuations but has an established client base including many contractors and direct clients. This opportunity offers a phenomenal ROI due to it being a quick-sale.

Location: Durban

Areas of operation: Ethekwini, Ballito and Pietermaritzburg

Average Monthly Turnover: R 159 000.

Staff: 6 full time staff (R35k pm) plus casuals as required

Premises: R 12,5k rental, Rental Deposit is R 25,000, Mini-factory of 150sqm

Asset value – around R200k.

Average Monthly Net Discretionary owner’s takings: R 42 000 pm.

Selling Price: Bargain at R 695 000 including all assets.

Opportunity: This business can be scaled up and currently does no marketing or advertising.

Reason for Sale: Emigration

Further info will only be provided on the signing of a NDA and proof of funds.