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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