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Hospital Equipment Manufacturing business- BEE

R2,000,000

Asking Price R2,0m injection into business for 51% share in business. 30- year old business manufacture over 100 different products for hospitals, old age homes & clinics. 

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Description

Mandate Number NB 1827. Asking Price R2,0m injection into business for 51% share in business.

This 30- year old business manufacture over 100 different products for hospitals, old age homes & clinics. The company manufacture products using steel, stainless steel and wood and also do in-house powder coating.

It has found it difficult to secure orders and tenders as a result of slow transformation and is looking for a black investor to acquire a majority share in the business.

Key parameters:

Average monthly revenue R350,000
Cost of sales R100,000
Salaries and wages R120,000
Other R95,000
MONTHLY Profit before tax, depreciation and owner’s drawings R35,000