Business For Sale. Office Binding & Laminating Machinery Supplier

This business was first established in 2002 and trades in an internationally reputable brand of products both locally and in neighboring countries. The business is conveniently situated in Woodmead with storage facilities in Kyalami.

With the brand Head Office based in Switzerland, the company specializes in the sale and supply of book-binding and laminating equipment to a market where clients include copy shops, stationers, printers, corporateâ??s and walk-in cash & carry clients.

The maintenance of consistently high service levels has ensured high client retention.

The imported range of products include plastic, wire and thermal binding machines, pouch and roll film laminators, trimmers and guillotines, staplers and power punches, laminating pouches, laminating roll film, plastic and wire binding combs, thermal covers, front and back book covers, slot punches and ID Clips.

A number of new allied high-demand products are soon to be added to the range and this will inevitably improve sales which are currently averaging R200k a month. While tough trading conditions throughout the last financial year resulted in a trading loss, strategic changes in supply source and other reviewed dynamics have impacted positively on profitability.

This is evidenced by the last two months performance (first of the businesses new financial year) where profits of R39k and R47k respectively have been achieved.

The business is listed at R600k however, investment in the amount of R2.2 million would be required to include +/- R1.6 million in stock at cost and assets (which include a vehicle) reckoned to be worth +/- R150k.

Any variation in stock at time of takeover would be adjusted for and all financial information can and will be supported with management accounts, bank statements and VAT returns.

This business is well worth consideration by an energetic entrepreneur who is familiar with the industry and wishing to invest in a wholesale business where opportunity for growth and expansion is realistically attainable given the imminent range expansion.

Although there is a wealth of knowledge and experience in the existing staff, the Seller is willing to remain on in an advisory capacity for a pre-determined period of time subject to him being remunerated accordingly.

For more information, kindly contact the listing Broker.