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Galvanizing And Shot Blasting Business For Sale

Bellville, Western Cape
Asking Price:
R82,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R40,530,684
Cash Flow:
R17,591,790

INTRODUCTION
This Galvanizing Business is the preferential hot dip Galvaniser in the Western Cape.
 
Hot Dip Galvanising
The metallurgical process whereby zinc reacts and bonds with mild steel when dipped into molten zinc (the molten zinc temperature at a constant 450°C).
Bath size: 7200 x 1300 x 2600 (L x W x D)
 
Shot Blasting
The blasting of steel grit under air pressure onto the steel surface to remove any contaminants such as rust, paint or foreign coatings.
Booth size: 8000 x 3000 x 3000 (L x W x H)
 
Zinc / Aluminium metal spraying
The thermal spraying of zinc / aluminium onto mild steel / wrought iron / pewter surfaces.
 
Duplex coatings
The additional coating of polyurethane / epoxy paint systems onto Hot Dip Galvanised / thermal sprayed surfaces.
 
Acid Pickling
The removing of mill scale / rust from steel surfacing using acid.
 
Zincgrip
A chemical coating onto galvanized material to enhance the bonding of paint to such surfaces without sacrificing the protection against white rust.

The sale of the business includes the property as well as an operational business (lock stock and barrel)
1. Financial information will be supplied during the due diligence period
2. Due Diligence period will commence upon receipt of an offer to purchase
3. Offer To Purchase must be accompanied by a refundable deposit of  10% of the gross purchase price.
4. Offer to Purchase must be accompanied by a detailed financial plan including proof of affordability.
5. Should the Due Diligence study not have a successful outcome, the deposit will be refunded.
6. The prices on the property attract VAT which is refundable.
7. Prices include commission.

Property information

Real Estate:

Real Property Included

Location:

Northern Suburbs, Western Cape

Premises Details:

Built on land of 3,814 m2 with fully equipped factory

Size in square feet:
1,500 m2
Planning Consent:

Yes full approval in place

Business Operation

Expansion Potential:

Yes

Competition / Market:

Very little in their league

Reasons for selling:

Personal

Trading hours:

The business operates on a double shift basis from 07h00 to 24h00 from Monday to Friday where after the plant is placed into standby. Saturdays from 07h00 to 14h00 and on Sundays they do not work with the plant placed into idle condition. Runs at 60-65% of capacity

Employees:
The owner together with a 2 x production managers, 1 x operational manager, 1 x finance with 2 x assistants, 32 x galvanising production on shifts, 5 x sandblasting, 2 x controllers, 4 x cleaners.
Years established:
10 years

Other Information

Support & training:

Full support will be provided

Financing available:

Buildings, Land & Equipment can be financed

Furniture / Fixtures value:
R10,000,000 - included in the asking price
Inventory / Stock value:
R200,000 - included in the asking price

Contact Information

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