Well Established and Profitable Roofing ,Waterproofing & Damp Proofing Business for Sale
This business is located in Port Elizabeth and has been trading successfully for many (33) years.
The business specializes in Waterproofing, Damp Proofing, Roof repairs and Roof painting.
This business is a privately owned operation and does not form part of any franchise or franchise group.
The Seller plays a very active role in the business and the new owner would be well served to do the same
Knowledge of the roofing game / construction field will serve the new owner in good stead as well.
Full training and a handover period will be provided by the Seller to the new owner.
The asking price includes all stock on hand as well as all the business’s assets (including a vehicle).
Established and Priced to Sell, this is undoubtedly an opportunity not to missed.
Financial Information
Current Annual Turnover:
+-R 3 667 723 (Feb 2020)
Operating Net (EBITDA):
+-R 743 666 (Feb 2020)
ROI%
+-53%
Assets / Office Equipment:
+- R329 582 (Feb 2020) – included in the asking price
Stock on Hand:
+- R40 000 (Included in the asking price)
Rent & Lease Terms:
The Seller owns the property from which the business operates with the business paying a monthly rental to the Seller. The Seller will consider selling his property for an agreed to additional amount.
Staff Compliment:
15 x permanent staff members
Vat registered:
Yes
Franchise:
Not part of any franchise group
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
Waterproofing, Roofing & Damp Proofing
Asking Price
R800 000 (including stock on hand)
PROVINCE
Eastern Cape
CITY
Port Elizabeth
Premises Layout:
There are 2 x parts for the business with the one-half being offices and the other half being used for the storage of stock and equipments
Hours of work:
Mon to Friday: 07h45 to 16h30
Sat: Closed
Sun: Closed
Buyer Profile:
This business is ideal for a husband & wife team or any business person who is looking to enter the building industry market or increase their existing operating footprint
Growth Potential:
This business has an already established client base, thus expansion possibilities include the expanding the business into other areas and/or increasing the product mix combined with more aggressive online sales
Reason for selling:
Retirement from the Industry
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
grant@mnbrokers.co.za
visit
Office GF001 | Kings Market Office Suite | Cnr Buffelsfontein Road & Titian Road | Walmer Heights | Port Elizabeth | 6070