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PROFILE |
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Description: |
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Major steel fabrication. Large labour hire contracts Crane rental contracts in place. Ideal for a BBEEE buyer. Asset value approximately R14m. |
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Industry / Sector: |
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Mining and Mining Services |
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LOCATION |
| State / Province: |
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Limpopo RSA |
| City / Town: |
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Phalaborwa |
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Location / Area: |
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Industrial area |
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Portability: |
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Low Portability - Relocation is not possible. But there may be limited value in licences, patents, technology or access to clients and suppliers which would add value to a similar operation at another location taking over
Vendor numbers at all mines in the Steelpoort area with the possibility of opening a branch. |
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PRICE |
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Asking Price: |
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R 20 000 000 |
| Conditions: |
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None |
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FINANCIAL & OPERATING INFORMATION |
| Turnover: |
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R 5 000 000 per month
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| Profit: |
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R 600 000 per month
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| Annual Return: |
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36
% per annum
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| No. of Staff: |
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562 |
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Year Established: |
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1991 |
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Legal Persona: |
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Private Company (Pty) Ltd |
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Other Information: |
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Information will only be released to qualified buyers who are able to substantiate access to funding at the time of initiating the enquiry.
MARKET PROSPECTS
As of March, 2009 a number of large contracts have been renewed and prospects are excellent for new, additional contracts with mines.
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