Filters
LocationSouth Africa, Mpumalanga

Sector - Retail

Asking Price
R5,700,000
Monthly Profit
R 150,191
Asset Value
R 250,000
Stock Value
R 1,000,000
Yearly Net Profit
R 1,652,101

Summary

Operating successfully for more than 30 years, this business is situated just off a busy highway, in close proximity to an extremely active mining hub, is surrounded by farms and is the only business of this nature within a 30km radius.

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Fully describe the business's activities?

Hardware, spares, hydraulic components, agricultural supplies, as well as a diesel depot. This business is situated just off a busy highway, in close proximity to an extremely active mining hub and is surrounded by farms. The business holds exclusive agencies for Husqvarna, Bearing Man, and SKF, and is a convenient, reliable outlet for other essential farming and industrial supplies.

How does the business operate on a daily basis?

The owner is fully involved in the day-to-day operations and oversees all aspects of the business. He is assisted by a dependable, diligent manager.

What competition exists?

This is the only business of this nature within a 30km radius.

How could the profitability of the business be improved?

There are opportunities for additional exclusive agencies.

How involved is the Owner in running the business?

The owner is hands on and manages all aspects of the business.

When does the current lease end?

The current lease expires in February 2024.

What are the main assets of the business?

A full list of the assets is on file, and will be made available.

Strengths?

This is a well established business that has operated successfully for 34 years. The business has very little competition and enjoys an already captive market.

Opportunities?

There are numerous opportunities to secure other distributorships.

Threats?

General economic threats.

What is the reason for the sale?

The owner is relocating.

Location

Contact | Enquire

Angela

Angela Smith

LocationSouth Africa, Mpumalanga

Preferred method of contact

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