Filters
LocationSouth Africa, Western Cape

Sector - Retail

Asking Price
R8,500,000
Monthly Profit
R 221,575
Asset Value
R 476,825
Stock Value
R 4,000,000
Yearly Net Profit
R 2,658,895

Summary

Large plumbing and sanitary ware supply business.

Give me more information

Fully describe the business's activities?

The business is an independent, large plumbing and sanitary ware supplier in a major town in the Western Cape Overberg region, servicing plumbers, builders, architects and the general public.

How does the business operate on a daily basis?

The business trades from large rented premises in the light industrial area of the town, with excellent street frontage and a clean, neat appearance.

What Advertising/Marketing is carried out?

No advertising or marketing is done: the business has been built on reputation and word of mouth. A marketing program is an opportunity for the business to widen its reach.

What competition exists?

There are three other plumbing suppliers in the town: two branches of national groups and one branch of a regional group.

How could the profitability of the business be improved?

Placing more emphasis on supporting architects and new build projects.

Give a breakdown of staff/ functions/ length of service?

1 Manager 24 yrs service.
1 Sales person 15 yrs service.
1 sales/driver 8 yrs service.
1 stock controller 12 yrs service.
1 Cleaner 4 yrs service.

Do any have management potential?

Yes, the current manager has been with the business since inception.

How involved is the Owner in running the business?

Full time.

When does the current lease end?

2024. Has just been extended by 3 years at an annual escalation of 6%.

What are the trading hours?

Mon - Thur 7:30 to 17:00;
Fri 7:30 to 16:30.
Sat 8:00 to 12:00.

What are the main assets of the business?

Storage racking and fittings, Vehicles, Computers.
A full asset register will be made available to qualified buyers.

Strengths?

Service.
Staff knowledge.
Stock holding.
Relationships.
Reputation - long established and well known.

Weaknesses?

Lack of advertising.
Marketing to more architects.

Opportunities?

Develop marketing program.
Start satellite branches in other nearby towns.

Threats?

None perceived.

What is the reason for the sale?

The owners wish to retire.

Location

Contact | Enquire

Rodney

Rodney Willoughby

LocationSouth Africa, Western Cape

Preferred method of contact

Logo
Access to the number one business broking tool to get your business sold.
We've got you covered!

We offer an innovative and intuitive

solution for selling your business, franchise and premises

Promote

Promote

your business for sale

Advertise

Reach

the right audience

Gain

Gain

more exposure

Sign up for our Sellers' Portal Affordable monthly packages
Man

Knowledge Bank

Get the latest information, valuable tips and share in the professional knowledge of business experts on selling or buying a business

Buyers

E-commerce Business for Sale: The Benefits

Whether you’re looking into buying an e-commerce business for sale because you’re passionate abo

Buying a Manufacturing Business for Sale

There are several good reasons why a manufacturer or an entrepreneur might be considering buying ano

What to Consider Before Buying a Franchise

Buying a franchise can either be the best financial investment you ever make or the worst. Therefore

Sellers

How Fast Can I Sell My Business?

With Business for Sale, buying or selling a business has never been easier. We have the ideal tool f

How to Sell a Business Quickly

If you're thinking, "I need to sell my business quickly," it's critical to list your business on the

How to Sell a Franchise

Selling a franchise isn’t the easiest process to complete in the world. The major confusion comes