Ref. No - BFS932016

LocationSouth Africa, KwaZulu-Natal

Ref. No - BFS932016

Sector - Services

Asking Price
R2,500,000
Monthly Profit
R130,491
Asset Value
R 186,448
Stock Value
R 500,000
Yearly Net Profit
R 260,981

Summary

Business has been in existence since 2006 servicing the area and community with renewable and solar energy. Business has been stable, offering a wide range of products giving the consumer solutions depending on solar energy rather than the high financial demands that Eskom requires. With the ever increased price hikes this is a product that is always in demand and is increasing becoming an alternative to your everyday consumer. All systems in place and supplier relations healthy for anyone who wants to take opportunity of this well-established business.

Give me more information

Fully describe the business's activities?

Supply & retail of solar systems and renewable energy systems

How does the business operate on a daily basis?

Business is run, managed and operated by the owner

What Advertising/Marketing is carried out?

Word of mouth referrals and longs standing business relations in the area. Business established and has been in the market place for many years. Business has a website

What competition exists?

There was competition throughout the years however none of the competitors survived this business.

How could the profitability of the business be improved?

Adding a better BEE rating to the business

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

Owner manages and runs the finances, 2 front staff sales

How involved is the Owner in running the business?

100%

When does the current lease end?

Building is owned by the seller

What are the trading hours?

Monday - Fridays 7:30 - 16:30 Saturdays 9:00 - 13:00

What are the main assets of the business?

Solar systems (stock), Displays, Shleving, Office equipment

Strengths?

Product in demand, increasing price hikes at Eskom, renewable energy & solar systems, established since 2006

Weaknesses?

Business is owner run.

Opportunities?

A better BEE rating will increase opportunity for contract and government work.

What is the reason for the sale?

Oner has other business interest that he wants to explore
Location

Contact | Enquire

Werner

Werner Angell-Schau

LocationSouth Africa, KwaZulu-Natal

Preferred method of contact

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