021 552 1018

[email protected]

Price Range: From To

Business Description

This business distributes household and industrial lighting and electrical components in Cape Town. They buy these products at wholesale prices from the International Brand Owners / Importers and sell to the DIY, electrical trade and the general public. These Brands include: Radiant, Eurolux, K.Light, Brightstar, etc (who do not supply direct to the public).

This business is an authorised reseller of Eurolux, Radiant, Brightstar and K.Light products. In addition to the lighting, they also have a wide selection of electrical items available for both DIY and Commercial Projects. This business has been successfully trading for over 16 years. Its well established, well known and the suppliers and client base makes this business sustainable. There are a number of different growth opportunities that can be applied to take this business to the  next level. They have good, trained staff members and they have low overheads, meaning a business with low risk and great potential.

 

 

Business Details

  • Price: R3,000,000
  • Turnover: R5.97mil
  • Actual Profit/Year: R813k
  • Turnover range: R4mil - R7mil
  • Profit range: R750k - R1mil

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Owner has other business interests
  • Business history: This is a family run business which has been operating in this area for the
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: The premises consists of parking for customers in the front and a building with a showroom, storage space for stock and admin offices.
  • Rent & lease terms: R18 900 per month / New lease is available with the current landlord
  • ASSETS AND STOCK:

  • Assets included in sale: Yes
  • Value of assets: TBC
  • Stock included in sale: No
  • Value of stock: +/- R450 000
  • GENERAL COMPANY INFO:

  • Employees: 4 permanent staff members, which includes the owner, a general manager and two trained salesmen / consultants
  • Trading hours: Normal Business Trading Hours
  • Support & training: Full Support & Training
  • Business Address

    • City: Cape Town
    • Neighborhood: Western Subburbs (Table View Area)
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Johan Taljaard
    0837975678
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