Quality Concrete Bricks,Paving and Block Manufacturing Business

Description

Business type: concrete products manufacturing business

Current status: established operating business

Financial information

Annual revenue: approximately R21,000,000

Secured additional contract revenue: approximately R10,000,000

Additional contract period: next 12 months

Normalised EBITDA: approximately R3,000,000 per annum

EBITDA basis: owner-operator

Accounting adjustments

Reported profitability: understated

Production-related costs: partly classified as operating expenses

Normalisation: includes reclassification of production-related costs

Owner-related discretionary expenses: adjusted

Operations

Production capacity: established

Operational infrastructure: in place

Construction market demand: established

Customers and market

Residential development demand: active

Commercial development demand: active

Infrastructure development demand: active

Regional construction activity: growing

Expansion options

• Cost optimisation
• Working capital improvement
• Production growth
• Additional contract opportunities