021 552 1018

[email protected]

Price Range: From To

Business Description

The Business has a long standing, sole agency for an international brand of servicing machines which it imports and sells to local service
centres throughout South Africa, with a presence in most major centres country-wide and Southern Africa.

It is recognised as the industry leader in its sector. Recently, it has been gaining market and showing strong growth.

The business has been owned for more than 30 years by the original founding family who are now planning their retirement.

Selling Price (Business): R19 000 000
Selling Price (Enterprises Value): R35 000 000 (Debt-free cash-free) includes NWC guarantee of R16m.

Business Details

  • Price: R35,000,000
  • Turnover range: R130 000 000
  • Profit range: 9100000

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Retirement planning
  • Business history: 30 years in operation
  • Expansion potential: Gauteng is a growing region.
  • PROPERTY DETAILS:

  • Fixed property included:
  • Premises Details: Branch offices, stock points and agency representation country-wide.
  • Rent & lease terms:
  • ASSETS AND STOCK:

  • Assets included in sale: Fixed Assets
  • Value of assets: R8 600 000
  • Stock included in sale:
  • Value of stock: R24 000 000
  • GENERAL COMPANY INFO:

  • Employees: 50
  • Trading hours:
  • Support & training: An appropriate handover period will agreed upon.
  • CONTACT BUSINESS AGENT
    Phillip Rutherford
    0824941913
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