Primary use

This industrial property positioned at 8 Malcolm Road, Westmead, Pinetown is for sale. The current business that is in operation at the property being Victory Aluminium Products, is also for sale.

The Property (Registered Owner: Quantum Leap Investments 285 (Pty) Ltd)

The property comprises of an industrial factory with office components and on-site parking. At the front, the property consists of parking for approximately 8 motor vehicles. This leads to the reception area with open plan offices, individual offices, boardrooms and a kitchenette. This office component links to the factory via a flight of stairs. The factory has excellent height and consists of store rooms, change rooms, ablution facilities. Mezzanine levels are spread around the factory for additional storage. The factory houses a fully-fledged tool room and a mass production department. At the rear, the factory then links to an additional workshop area which is accessed by 2 roller shutter doors.

The property is secure with some wire fencing and some wall fencing. 500 AMPS power is available.

The Business (Victory Aluminium Products CC)

Victory Aluminium Products was established in June 1992 and over the decade has become recognized as a manufacturer of quality cook ware. The business has started from humble beginnings from single garage at home for a year, initially run by the family of 4. The company equipment is unique and superior brand and quality. The tooling has been manufactured in the company tool room to suit specific machines. Top management of Victory Aluminium Products have been benched marked a share in the market olace and together with all staff within the organization, are committed to providing customer satisfaction through quality, reliable products and services. Management consists of 2 directors; 1 senior manager; 2 senior supervisors and 3 line supervisors. The staff membership is approximately 82, both male and female. The staff is trained and are qualified fitters and turners to MEIBC standards.

Success in the market place is of utmost importance to all stakeholders and it is for this reason that Victory Aluminium Products CC has implemented and maintains a quality management system based on the international standard.

Top management are further committed to the maintenance and continuous improvement of the quality management system, and as such shall review its suitability and effectiveness on an ongoing bases to determine compliance to stated goals and objectives.

In 2018 the company wills endower to manufacture raw material from ingot form. The existing property will be extended another ± 1 500 m². This new project will allow the company to employ at least 25 people.

The company’s customer base is far and wide. It extends from Durban throughout South Africa and the neighbouring African countries. Customers include the chains Mass Mart, Boxer Cash and Carry, Rhino, Spar KZN and Spar EC. The larger independent clients are wholesalers throughout the country.

Victory Aluminium Products CC is a huge threat to many other manufactures in South Africa, because they are one of the largest manufactures. Their strength is in mass purchasers and mass production and a competitive pricing structure.

The Sales Reps are well incentivised and have built a strong relationship with all clients and always drive sales to a new level monthly.

Machinery/Movables

A schedule of machinery / movables that form part of the sale is available. These machinery/movables are valued at approximately ± R 7 Million.

Further to the above list, the following list of vehicles, machinery and movables form part of the sale.


Vehicles:

2010 Isuzu NQR 500 - 5 ton truck
2004 Toyota Dyna - 2 ton truck
2001 Isuzu Bakkie - 2.8 DT
2013 Hyundia Bakkie - 2.6L

1 x 1 ton trailer

Office furniture

3 Office table with chairs
3 Desk top PC
3 Printers

Machines:

4 Polishing machines