Ref. No - BFS11181
South Africa, Western CapeRef. No - BFS11181
Sector - Sales & Services
Summary
This business (building section) started in 2018 by the owner and included maintenance from 2020
Give me more informationBackground and History
The business is mainly operational in the Strand/Somerset West/Stellenbosch areas and works closely with estate agents/developers etc and well known and supported by their clients
Although there are other competitors in the market, this business is known for good service/neatness/completion of projects timeously/excellent finishing off on their work/
The business also get good recommendations from architects
There are legio possibilities for expanding the business- ie private clients, approaching estates, etc as the owner doesn’t advertise at all
The assets include all the necessary equipment to complete the work plus a vehicle (total asset value is R200,000)
The owner hasn’t got full time staff members but use subcontractors- these subcontractors are all reliable and experienced in their own fields
Products and Services
Repairs/maintenance/building
Assets
Building equipment and a vehicle
Employees
Use sub-contractors
Financials and Forecasts
Average annual turnover for the last 3 years R1,500,000
Average annual NP (EBITDA) – R250,000
Selling price
R750,000 (neg)
Reason for Sale
Owner wishes to retire
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