Filters
LocationSouth Africa, KwaZulu-Natal

Sector - Sales & Services

Asking Price
R8,690,000
Monthly Profit
R 380,030
Asset Value
R 783,185
Stock Value
R 1,200,000
Yearly Net Profit
R 4,560,357

Summary

Overheads and stock are kept low. Guaranteed profits. It conducts specialist marine fumigation services. It also has the sole import and distribution rights for a chemical product

Give me more information

Fully describe the business's activities?

The business has 2 divisions: Specialist Marine Fumigation offering fumigation of bulk grain exports, and Distribution - it is the sole importer and distributor for an overseas pest control chemical manufacturer. The business is well established with excellent profit margins, and high barriers to entry for competitors. The business is easy to manage as it requires very little space from which to operate and has only a small staff complement.

How does the business operate on a daily basis?

Instructions received for vessel fumigation. Work is executed and invoiced. Chemical distribution is executed via 2 agents nationally.

What Advertising/Marketing is carried out?

Trudon - online yellow pages
Company website
Facebook

What competition exists?

In terms of the marine division only 3 other competitors exist. We are the leaders in this field of expertise. Annual quotas are issued for chemical imports and here too few competitors exist. Without a quota a potential new entrant to the market has to wait a whole year before they can apply again.

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

2 partners and 1 employee permanently employed, who is being groomed to take over as General Manager and ultimately run the business.

Do any have management potential?

Yes

How involved is the Owner in running the business?

Fully involved until recently - taking more of a back seat to allow the Manager-in-training to learn and take over more functions. Owner mostly office based input.

When does the current lease end?

The owner runs the business from home .

What are the trading hours?

8am to 5pm

What are the main assets of the business?

Vehicles and equipment

Strengths?

Very well established business with loyal customers

Weaknesses?

Age-ing owner

Opportunities?

Expand into pest control and grow a footprint

Threats?

Competition

What is the reason for the sale?

Current owner-manager wants to retire.

Location

Contact | Enquire

Nic

Nic Nortje

LocationSouth Africa, KwaZulu-Natal

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

Buying Your First Business

As an entrepreneur, you are always on the lookout for a new opportunity, or to compare your business

Checking the Numbers

Before taking over a business, one should always conduct a proper due diligence. In fact, it is ad

Sellers

Common Mistakes to Avoid when Valuating an Online Business

Unlike other businesses, the online venture may not have any tangible assets such as property, machi

Employees - The Cornerstone of any Business

Employees drive the goodwill of the business and in the case of a change in ownership represent cont

Getting It Right the First Time

Though there may be hundreds of businesses being advertised on websites “for sale”, at any given