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  Industrial Supply, Distribution and Services to Multiple Industries  

 

PROFILE    
Description:    Started in 1994, the business develops cost effective solutions and operates as a private Pty/Ltd company servicing agriculture, government, medical, mining (construction and engineering) and the services industry. Products and services include mining supplies, mining construction and medical equipment, consumables, repairing pumps, servicing control valves and water reticulation systems. The principal is planning to retire and sell his shareholding.
Industry / Sector:    Industrial - Supply
LOCATION    
State / Province:    North West RSA
City / Town:    Rustenburg
Location / Area:    Industrial Area
Portability:    Month to month lease - flexible
PRICE    
Asking Price:    R 1 900 000
Conditions:    The asking price is based on the value of Fixed Assets, the Net Current asset Value of the CC.
FINANCIAL & OPERATING INFORMATION    
Turnover:    R 259 588 per month
Profit:    R 53 248 per month
Annual Return:    34 % per annum
No. of Staff:    6
Year Established:    1994
Legal Persona:    Private Company (Pty) Ltd
Other Information:     
  DISCLAIMER REGARDING INFORMATION  
No representation or warranty, express or implied, is given as to the accuracy or completeness of the contents of this profile.
The only representations and warranties that will be made are those that may eventually be included in a definitive agreement to the proposed sale of the vendors interests in the business.
Neither this profile nor any of the information contained in it shall form the basis of any contract for such sale, nor does it constitute an offer, invitation or inducement to purchase or acquire any shares in the business or any interest in it.

  GENERAL INFORMATION  
The businesses have great credentials, with various vendor numbers allocated by institutions and companies.
The rental is reasonable and if required, the premises can be relocated, as the lease is on a month to month basis.
The business and a sister business are female empowered BBEEE

  FINANCIAL INFORMATION  
Detailed financials will be made available to approved buyers and the seller can verify all trading.
The financial information reflected above is based on the trading for the business - Turnover (excl VAT) and EBITDA for the year ended 29th February 2016 and based on the Audited Financials.

  POTENTIAL  
The business has built strong relationships over 20 years and the businesses are poised for immediate expansion, either by adding other products or extending into supplying other sectors.
This opportunity will be of interest to either an Entrepreneur or an established corporate (Local or Overseas), that is operating in a similar Industry or business.

  REASON FOR SELLING  
After a working career of 50 years, the Principal has decided to retire and pass the reins to a younger person with new energy and ideas.
The seller is prepared to assist in a hand-over period of up to 3 months .
  PROOF OF FUNDING REQUIREMENT  
Interested parties MUST be able to demonstrate that they have access to the required funds to finance a cash transaction purchase.
In terms of the mandate signed with the Brokers, the Seller will not entertain any discussions, or consent to provide any details or documentation; or accept any offer unless you first meet this criteria.
The Potential Buyer will need to provide proof of these financial requirements in your initial enquiry.

FULL DETAILS WILL BE PROVIDED BY THE APPOINTED BROKER SUBJECT TO SIGNING A CONFIDENTIALITY AGREEMENT (NDA).

 

 

Access a ''Contact Form'' where you can provide your own contact details and ask any relevant questions. The form will be sent directly and immediately to the seller of this business.
Record ID: 2681
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