Electric manufacturer and solution providing Company for Sale.
(Mandate number NB 1919) Asking Price R45,0m.
This innovative company grew from R7,0m commodity sales 10 years ago to over R100,0m revenue manufacturing and selling high-tech products which are used in diverse electrical grid applications. The business has partnered with a global leader on tamper proof prepaid utility supply systems that is envisaged to increasingly contribute to annuity income streams.
The company is looking for an investor who can share the company vision and provide the required cash-flow to grow to its full potential. BBBEE requirements needs to be observed as clients include municipalities, SEO’s and large corporate companies.
Cash flow summary: Monthly over the last 12- month period.
|Average monthly revenue||R11,950,000|
|Cost of sales||R8,442,000|
|Salaries and wages||R1,560,000|