Technology and power

This company sells & supports ultrasonic machinery and manufactures tool attachments for the machinery. Sales are made to multiple product manufacturers across many industries in SA. Equipment sold and supported: Thermoplastic assembly machines and systems Thermoplastic staking systems Metal welding assembly machines and systems Tools for machinery attachments. These tools are manufactured in-house and define how the machinery is used. Supports automotive industry product development engineers Boasts sole Southern African machinery distribution rights with a trusted, quality brand of machinery. Industries using this machinery: automotive – all manufacturers and most OEMs plastics converters food processing - cutting packaging medical non-woven fabric joining e.g., face masks & over garments Location of business can be moved within South Africa. An interested party will obtain an advantage in the market if they have the following elements in their business: Have an existing tool room Representation in Johannesburg, PE, Durban and Cape Town Have an electronics service facility Have a systems design engineer or be associated with such a company Have a technical sales engineer for advice & support of customers Could be a systems builder servicing automotive, packaging & other industries The new owner can expect: To continue receiving ongoing enquiries, orders & service needs The reputation of our efforts over 50 years to be ongoing Increase the volumes of business by putting a rep in the market – something we have lacked. An ongoing business with few surprises Build the business by adding services/machinery marketable to the same customers using our excellent reputation in the market Add other agencies which are concentric with this business In Detail for 2020: Established business for: 46 years Annual Payroll: approx. R1 510 000.00 Trading hours: Monday – Thursday: 07:30am – 16:30pm Annual Revenue/Turnover: approx. R Show11 670 000.00 Nett Annual Profit: approx. R3 274 000.00 Current Asset value: approx. R2 905 000.00 Rent, electricity, power and water: approx. R385 000.00 per annum Reason for Selling: Owner is planning to retire. Staff A well experienced & loyal staff. 9 employees altogether, which includes 2 Directors. Premises Located in the South of Johannesburg on an approx. 384 square metre property. This property, which is owned by the business owners, is two levelled with admin offices and reception area situated on the 1st floor. The service area, applications lab, tool room and manufacturing area are located on the ground floor. Building has 3 phase electrical power supply available all supplied from an in-house diesel generator. The premises is situated in a commercial/manufacturing zone. Public transport facilities easily accessible & nearby. Further information on the property is available on request. Listed price Business: R18.5M NEG