Ref. No - BFS11201
South Africa, Western CapeRef. No - BFS11201
Sector - Sales & Services
Summary
This business was meticulously built up over many years and contracts with some of the major developers/ landlord’s companies in the Western Cape.
Give me more informationBackground and History
The business concentrates inter alia on the following sectors in the building/construction sphere- concrete and hardwood decking, pergolas, project management, repairs and maintenance, laminate flooring, airless painting, high pressure cleaning, roofing, waterproofing including torch on techniques, carpentry, etc
Although the owner has only one full time employee, he has a huge database of experienced knowledgeable persons which he contracts in per contract received
The business is registered with the NHBRC and CIDB and has an excellent name at these organisations
Assets amounts to R150,000 and there is a vehicle which the seller can take over
The business is operational throughout the whole Western Cape and have many clients that use this business continuously supporting the statement that projects are completed satisfactorily and timeously
The only reason the owner is selling is that his health are deteriorating dramatically and he cannot continue with the business
Products and Services
Building, bricklaying, plastering, painting, waterproofing including torch on techniques, carpentry, construction, etc
Assets
Assets value +/- R150,000
A vehicle can be taken over from the owner
Employees
1 full time employee and then appoints subcontractors as and when required
Financials and Forecasts
Average annual turnover R3,1 mill
Average GP 75%
Average NP (EBITDA) R980,000
Reason for Sale
Health
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