SELLING PRICE; R10.5 MILLION
TURNOVER: R2 MILLION
NET PROFIT: R780 000
This unique Chemical Manufacturer developed its own range of Fire Protection Chemicals and established over 17 years ago.
The current owner is the Founder of the Business and applied 30 years of chemical engineering knowledge.
The main activity is for the manufacturer of passive Fire Protection Chemicals.
Application of these products is used in Resorts for Thatch Roofs, Textiles for curtains & upholstery, Agriculture for fertiliser-based Fire retardants, Construction for timber, Electrical for Cables and Steel.
All products have undergone stringent verification tests at the SABS Industry Standards.
Qualifications include all levels of SABS verification testing.
The selling price includes Intellectual Property Value such as Technical know-how, (IP), Client Database, Trained Applicators, SABS test reports, documentation for Sale of Products and application Instructions, stock and raw materials at hand and all Equipment used in manufacturing process.
The business premises are optional and available as a separate Transaction.
Products are sold across South Africa and Southern Africa including Zimbabwe, Namibia, Mauritius and Zambia.
All products are endorsed and accepted by Insurers, Municipalities and Fire Engineers.
