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Profitable Engineering, Procurement & Construction Company for Sale in Somerset, South Africa

For Sale: Multi-disciplinary consultancy company offers engineering services in multiple domains of construction.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 2.3 million
Run Rate Sales USD 2.26 million
EBITDA Margin 10 - 20 %
Industries Engineering, Procurement & Construction
Locations  Somerset
Local Time 2:59 PM Africa / Johannesburg
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1.76 million (Native Currency: ZAR 32,000,000)
Reason: The owner wants to retire and wishes to sell this business.
Includes physical assets worth USD 480 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Documents
Business Overview
- Our company was established about 26 years with the aim to meet the substantial needs of a newly democratic South Africa and has evolved into an international, award-winning consultancy firm.
- We are merely consultants that provide commercial, industrial, and bulk engineering services for a broad range of construction projects like high-security projects, hotels, residential buildings, medical facilities, airports, marine & military infrastructure, etc.
- Our company does not provide any construction services and is merely consultants and supervisors throughout the project.
- We have about 100 projects that currently running. Each project has a life of 3 to 6 months. We receive payments at fixed frequencies throughout the duration of the project. This is the only source of revenue for our company.
- For the major projects, with a construction cost larger than ZAR 200 million, some of our clients include Harmony Gold Mining Company, Anglo American, Public Works South Africa, Cape Town Municipality, Johannesburg Municipality, and Public Investment Company, South Africa.
- Our largest current ongoing project is the designing of the new Government Printing Works in Pretoria with an expected construction cost of ZAR 1.2 billion.
- Our company has won multiple awards like Govan Mbeki Award for the Best Community Residential Development, Govan Mbeki Award for the Best Priority Projects Nationally and Masimong Award for Best Community Residential Units.
- The images on the profile are of a few projects that our company has completed in the past few years of operations.
- Our revenue has slightly decreased this year due to the operational inefficiencies caused by the pandemic. However, we are on track to regain our pre-pandemic performance.
Products & Services Overview
Our company provides consultancy services in the following disciplines: architecture, building management services, civil engineering, electrical engineering, electronic engineering, fire engineering, mechanical engineering, structural engineering, property management, project management, interior design, and quantity surveying.
Assets Overview
Physical assets include:
- Furniture & fixtures at our offices.
- IT equipment and other tech hardware.
- Company-owned vehicles.
- Essential equipment and machinery to render our services.
Facilities Overview
- Our company's head office is in Somerset West, South Africa and occupies an area of 585 m² along with an additional balcony area of 143.5 m² at a rent of ZAR 1,24,941 per month that escalates by 9 percent every year.
- Our company has another branch office in Centurion that occupies an area of 332.5 m² along with a balcony of 44m² and 12 parking spaces at a monthly rent of ZAR 60,966.
Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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