A Profitable, Exciting and Well Positioned Residential laundry for sale.
Business Description:
SORRY FOLKS THIS ONE IS SOLD
Financial Information
Current Annual Turnover:
R 842 486 (Jul 2021 to Jun 2022)
Operating Net (EBITDA):
R268 466 (Jul 2021 to Jun 2022)
ROI%
+-49%
Assets / Office Equipment:
R167 447 (Included in the asking price).
Owner Drawings:
+-R15 000 per month
Stock on Hand:
Not Included in the asking Price
Rent & Lease Terms:
Leased. R22 436 per month
Vat registered:
No
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
Residential laundry
Asking Price
R550 000 (Excluding stock on hand)
PROVINCE
Eastern Cape
CITY
Port Elizabeth
Premises Size:
62m2
Hours of work:
Mon to Friday: 08h00 – 17h00 Sat: 08h00 – 15h00 Sun: Closed
Buyer Profile:
This business will suit a husband-and-wife team / family or another similar type business that is looking to expand their current business footprint or a person / entrepreneur who is looking to become the master of their own destiny. Full training and support will be provided by the seller to the new owner.
Growth Potential:
This business has an already established client base, thus expansion possibilities include the expanding the client base, opening of additional branches in other areas, a full delivery service.
Reason for selling:
Health Reasons
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