Craft Your Future Exceptional Joinery Business In East London For Sale

Description

Thriving Joinery Business for Sale - A Rare OpportunityAn established and highly successful joinery business, operating since 1992, is available for acquisition. The business has built a strong reputation over three decades and is ready for a new owner to continue its successful legacy.What The Business Offers:* Specialises in mass production of wood products for schools, hospitals, clinics, and libraries* Manufactures built-in cupboards and solid surface tops for residential properties* Recognised nationally for quality workmanship and reliable service* Diverse project portfolio across multiple industries, creating multiple revenue streamsProjects and Contracts:* Work in Progress: R22 million* Awarded Contracts: R4.7 million* Potential Projects Available for Takeover: R14 millionFinancial Snapshot:* ROI: 36% (excluding equipment, furniture, and property)* Gross Profit Margin: 63%* Gross Profit: R13 million* Annual Net Profit: R4 million* Annual Turnover: R21 million* Break-Even Turnover: R15.7 million* Stock Value: R1.5 million (not included in the asking price)* Building Included: Valued at R6 million* Equipment and Furniture Included: Valued at R4.1 million* Asking Price: R21,000,000 excluding VATAdditional Information:* If the purchaser is VAT registered, a zero VAT rate will apply.* Annual financial statements for the past three years are available upon signing an NDA.The business is being sold due to the owner’s retirement after more than 30 years of successful operation. This is an opportunity to acquire a profitable company with an established market presence and a strong pipeline of future projects.Please Note:1. All photographs used in this advertisement are generic and do not represent the actual business premises, in order to protect confidentiality.2. Only serious buyers with available funds or confirmed access to funding will be considered.3. Owner financing or alternative payment arrangements will not be considered.