Ref. No - BFS11181

LocationSouth Africa, Western Cape

Ref. No - BFS11181

Sector - Sales & Services

Asking Price
R750,000
Monthly Profit
R20,833
Asset Value
R 0
Stock Value
R 0
Yearly Net Profit
R 250,000

Summary

This business (building section) started in 2018 by the owner and included maintenance from 2020

Give me more information

Background 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

Location

Contact | Enquire

IAN

IAN van Ravesteyn

Preferred method of contact

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