BUSINESS SOLD: CUSTOM PLASTIC INJECTION MOULDING BUSINESS

CUSTOM PLASTIC INJECTION MOULDING BUSINESS FOR SALE

This well established 17 year old Business, has stood the test of time, and is a specialised industry, where in the main, demand far outweighs supply. The Owner wishes to emigrate, and is hence, selling a 50% share immediately, based on a formula, will stay on for a period of two years, running the Business and implementing the huge growth phase, financed  by his new partner and himself equally,  and then ultimately he will sell his final 50%, on the same formula and basis as the first 50%, but at the revised increased value then.

The business has an established customer base, and the expansion of buying new machinery, will immediately result in confirmed orders, generating an annual Net profit of R2.5 million, plus plus, by filling the extra capacity available on the new machines. The valuation of this business, is based on an ongoing basis, and takes into account, the past, the present and the future, especially in that the Owner is retaining a 50% share, in order to be a part of the future guaranteed growth, by reinvesting part of the money he receives for his 50% share, equally with the New partner . So the valuation takes into account the last year’s Sales of R4 million, generating a Net Profit of R1.1 million, plus the expected Next Year’s extra profit , as a result of the growth to be driven by the present Owner.

PRICE:

50% WILL COST R3.25 MILLION,

PLUS R1.25 MILLION TO BE INVESTED BY EACH PARTNER AS LOAN ACCOUNTS TO FUND THE EXPANSION

OR

R6.5 MILLION FOR 100% OF THE BUSINESS

Posted in Businesses Sold, Manufacturing Business SOLD.

We only accept businesses that we believe we can sell and then dedicate ourselves working according to our process, to sell them. Our first meeting with you is free of charge, in order for us access whether we can achieve the end result of actually selling your business, AND for you to assess whether we are right for you. Get in touch with us.