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Asking Price$250,000
Revenue$160,000 Established1982
Cash Flow$60,000 EmployeesUndisclosed
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed* RelocatableYes
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
We manufacture hairgrips (bobby pins), hairpins (setting pins), dressmaker pins, steel pins, safety pins, shoelaces, braided elastic, non-curl woven elastic.

We are probably the only company in southern Africa, perhaps Africa, to manufacture hairgrips (bobby pins), in which there is a great advantage as far as local supply is concerned. This eliminates the need for import, hence providing a much more economical local product, and a good quality hairgrip. In the past, the raw material - spring wire - used to be imported - now a good quality spring wire can be sourced locally, further enhancing local economical production and supply. Hence, in lieu of the foregoing, there is great potential in this business.Prospective, serious buyers are welcome to contact us for a site visit.
Facilities:Equipment for sale only : 4 x BOBBIN WINDERS. 1 x MILLING MACHINE. 1 x SHAPPER - NOT WORKING. 1 x LAITH. 1 x SURFACE GRINDER. 1 x PRESS DRILL. 1 x 230mm GRINDER. 1 x 115mm GRINDER. 1 x BENCH GRINDER. 1 x WELDING MACHINE. 1 x GAS CUTTING SET. 1 x COMPRESSOR. 1 x BUFFING PEDESTAL MACHINE. 6 x PAPERCLIP MACHINE. 1 x SHOELACE TAGGING MACHINE. 3 x STRIPPED SHOELACE TAGGING MACHINE. 2 x HAIRGRIP MACHINE (50mm & 63mm) 1 x HAIRGRIP MACHINE INCOMPLETE. 1 x FLATTENING MACHINE. 1 x 75mm HAIRPIN MACHINE. 1 x 50mm HAIRPIN MACHINE. 2 x FLOOR SCALES. CARD WINDERS: 2 x 6 CORD card winders. 2 x 8 CORD card winders. 2 x 10 CORD card winders. 1 x RIC RAC WINDERS card winders. 1 x HAT ELASTIC card winders. 2 x REEL WINDERS 500m & 250m card winders. CARRIER MACHINES:- 12CARRIERS X 20 machines. 13CARRIERS X 43 machines. 16CARRIERS X 50 machines. 17CARRIERS X 122 machines. 21CARRIERS X 93 machines. 24CARRIERS X 16 machines. 32CARRIERS X 27 machines. 33CARRIERS X 58 machines. 48CARRIERS X 57 machines. TOTAL MACHINES WITH CARRIERS = 486.
Competition:Competition: NONE. We are the only manufacturers of bobby pins (hairgrips) in Africa. Clientele: some of our customers include Africa CnC, Jumbo CnC, Clicks, Ackermans, Arrow CnC., hair salons, Masscash stores, Massmart stores.
Growth Potential:Growth Potential: huge potential in this business as we have the monopoly in the manufacture of bobby pins.
Training/Support:Training / Support: 4 wks included. Seller open to longer arrangement on a consultation basis.
Ad #87622
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