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

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Hours of work:

Mon to Friday: 07h45 to 16h30
Sat: Closed
Sun: Closed

  

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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

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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

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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

email

grant@mnbrokers.co.za

visit

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