Well established flooring installation and repair business with property
Well established flooring installation and repair business with property
R715
Business Description
The business offers installation and repair of hardwood and laminate flooring. Their attention to detail and professionalism have resulted in their excellent reputation in the industry. The property rented by the business is also available and offers secure storage, easy access to transport, a custom mezzanine, kitchen and an office space.
Business Selling Price: R 715 000 excluding vehicles and inventory Property also available at: R 2 200 000
Business Details
Price: R715
Turnover: R 2 950 000
Actual Profit/Year: R364 000
Turnover range: R 2 950 000
Profit range: R 364 000
BUSINESS HISTORY & FUTURE GROWTH:
Reason for selling: Retirement
Business history: In operation for 30 years
Expansion potential:
PROPERTY DETAILS:
Fixed property included:
Premises Details: Owned premises
Rent & lease terms: +/- R 10 500 p/m
ASSETS AND STOCK:
Assets included in sale: Remainder of finance for two vehicles can be taken over at +/- R 140 000
Value of assets:
Stock included in sale: No
Value of stock: R 180 000
GENERAL COMPANY INFO:
Employees: 9 staff members including two supervisors