An Established Multi-faceted Outdoor Sporting Related Business In Port Elizabeth For Sale.

This is an established multi-part business that is for sale in Port Elizabeth. There are 4 main parts to this business. The business has been trading for 10 years and through the years has added different product offerings to their product mix which today makes it possible for this business to offer their services and product range that it does.

The First part to this business is the Selling of New and Pre-Owned Surf Skis, Canoe’s, Fishing Skis, Recreational Paddling Craft, SUP Boards, paddles and all paddling accessories. The Second part of the business is the retailing and fitment of New & Pre-Owned Roof Racks &, bicycle carriers.

The Third part of the business is the sourcing, supplying and deliver of Industrial Consumables & cleaning materials. The Forth part of the business is group and / or individual paddling lessons for both surf ski’s and canoe exiting as well as prospective clients. This part of the business does form part of a franchise with a 6% royalty fee payable

Profitable and priced to sell this business is ideal for a first time business owner, as a family business or anyone looking to buy an established multi –part business operation

Financial Information

Current Annual Turnover:

+-R 2 007 900

ANNUAL Operating Net (EBITDA):

+-R163 000

ROI%

+-36% Excluding Stock (based on EBITDA)

Assets:

All assets required to operate the business are in place and are included in the asking price.

Stock on Hand:

+- R300 000 (Not included in the asking price)

Rent:

TBA

Vat registered:

Yes

MORE DETAILED FINANCIAL INFORMATION IS AVAILABLE BUT WILL ONLY BE PROVIDED TO SERIOUS QUALIFIED BUYERS AT A TABLE TOP MEETING AND ON COMPLETION OF A NON DISCLOSURE AGREEMENT

BuSiness Information

Industry:

Multi-faceted outdoor sporting related business

Asking Price:

R450 000 (Excluding stock on hand) – Subject to change.

PROVINCE:

Eastern Cape

CITY:

Port Elizabeth

TRADING:

10 years
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Premises:

Leased. (Landlord approval of the new owner will be required).The business has recently been relocated to a large upmarket retail center
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Hours of work:

Monday – Thursday 08h00 to 17h00
Friday:                        08h00 to 16h00        Saturday:                   08h30 t0 13h00
Sunday & Public Holidays: Closed

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Buyer Profile:

Ideal for a husband and wife team or as a family business. Alternatively this business will suit any business /entrepreneur that is looking to add to their existing portfolio and who has a passion for the outdoor life
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Growth Potential:

This business has been around many years and has an already established client base. Expansion possibilities include the expanding the business into other areas and/or increasing the product mix
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Reason for selling:

Other business commitments

Disclaimer: All the information contained within this prospectus is supplied in good faith and is based on information supplied by the Seller; MN Business Brokers makes no representation as to its accuracy and in no way will be held liable for any eventualities arising from the use of the information provided.

Contact Us

call

Grant – 073 556 0065

email

grant@mnbrokers.co.za

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Office GF001 | Kings Market Office Suite | Cnr Buffelsfontein Road & Titian Road | Walmer Heights | Port Elizabeth | 6070