Business Auction Oudtshoorn

OUDTSHOORN BUSINESS GOING ON AUCTION

CONTI STAAL – Light Steel Retail and Manufacturing

We Are Pleased to Offer For Sale By Public Auction The Business Situated At:

CONTI STAAL, 6 JACOBSON STREET, OUDTSHOORN

ID & proof of residence required for registration.

Date: 7 November 2024
Time: 11:00 AM
Venue: On site
Viewing: By Appointment or 1 hour before the auction

Auctioneers Note : This a Turn Key Business – All Equipment and Stock
Included & Established Clientele. Business is Currently Operational and
Profitable!

WATCH THE YOUTUBE VIDEO HERE

Get your bidder paddles ready!

The reason for sale is genuine and our instruction is to sell lock stock and barrel. It’s the perfect opportunity for a motivated individual to take over the reins of this renowned and steadfast Oudthsoorn business. This established Steel Business generates income through 3 established markets:

Retail Shop – a large variety of steel related products are available for purchase. From nuts and bolts, to brackets, hinges, paints etc.
Workshop – Where they manufacture to order Gates, Fencing, Carports and General Welding
Installations – they provide onsite installation work for light steel construction.

The business has been operational for many years and has earned a reputation that they provide and manufacture good quality steel products.

The sale includes all the assets of the business as listed in the attached asset schedule. Also included is the stock of the business which is shown in the attached stock list.

The staff are an optional choice for the purchaser if needed and are all well-trained and skilled. The Seller will provide a declaration that there is no outstanding debt, Tax or Vat associated with the business on transfer.

The business is well positioned in the industrial section of Oudtshoorn and the Landlord is willing to offer a lease to the new owner, provided the new owner completes the landords necessary tenant screening to the Landlords satisfaction.

The business is currently operational and profitable and Financials can be made available on request. This provides an excellent opportunity to purchase an already functioning business/

Please note that the building which the business currently trades from is not included in the sale. This is a Vatable transaction.

Excellent value on offer here. Act Fast and take the business to huge heights.

Auction Terms Summary

10% DEPOSIT, AUCTIONEERS COMMISSION & ADVERTISING COSTS PAYABLE ON THE FALL OF THE HAMMER.
Full terms & conditions of auction available for inspection at our offices.
Sale subject to Seller’s acceptance
The buyer will need to submit an application to the landlord in order to sign a new lease as the tenant. The auction is not conditional to the Purchaser approval with the landlord.
Existing staff not included in the Sale, but can be reemployed should the Purchaser wish.
VAT on the Purchase price will apply
All liabilities of the business up to the sale date will remain the responsibility of the Seller.

ID and Proof of residence required to register.

Subject to change without notice. Right of admission Reserved.