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LocationSouth Africa, Mpumalanga

Sector - Retail

Asking Price
R3,849,000
Monthly Profit
R 93,702
Asset Value
R 343,400
Stock Value
R 845,640
Yearly Net Profit
R 1,124,428

Summary

This business specializes in bolts and nuts in Mpumalanga.

Give me more information

Fully describe the business's activities?

The business is a wholesale and retailer supplier of standard and specif nuts bolts and threaded rods . In addition he business supplies to the building , manufacturing machine specialized engineering trade and irrigation trade industries .The business.The basins enjoys specific relationship supplies from the manufacturers of the threaded bolts , nuts and rivers.The business trades under a CC

How does the business operate on a daily basis?

The business operates from a retail shop in a convenient industrial area Mpumalanga . The smaller daily client are served over the counter and the bigger clients place their order via computer generated orders or telepathically. the business then delivers these orders or the clients come and collect them. Due to the specification of certain bolts, nuts and threaded rods , the sock needs to be ordered specifically and the day to day demand of stock is kept in stock at the shop in the storeroom.

What Advertising/Marketing is carried out?

there is no advertising and marketing done currently.

What competition exists?

There are bigger national hardware stores which carry nuts and bolts but do not have the same variety and personalized attention of knowledgeable service which the business supplies.

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

The 2 owners , husband and wife have been with the business since its humble beginnings. the son also an owner and his wife joined the business later. All the staff will leave when the business is sol. However not after full training and operational familiarization in all areas and aspects of the business have been relayed and handed over to the new owner

How involved is the Owner in running the business?

The owner is every active in the business on a daily basis

When does the current lease end?

the business currently has no leas and has been operating on a month to month for several years

What are the trading hours?

7;30 TO 16;30 5 Days per week

What are the main assets of the business?

The assets of the business comprise a vehicle , office furniture, and shelving.

What is the reason for the sale?

The owners wish to retire and their son wishes to immigrate

Location

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Debbie

Debbie Sardoz

LocationSouth Africa

Preferred method of contact

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