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Furniture and Office Removals - Long Established Major Player

 

PROFILE    
Description:    Well known company in the northern suburbs specialising in furniture and office removals and storage. Established for 25 years with regular clientele. Vehicles include 4 mechanical horses , 11 rigid trucks, 5 bakkies, 6 semi-trailers and 3 small trailers.
Industry / Sector:    Transport
 
LOCATION    
State / Province:    Gauteng RSA
City / Town:    Johannesburg
Location / Area:    Randburg
Metro Proximity:    Johannesburg.     It should be possible to commute from this metro city to the business location.
Portability:    Moderately Portable - Possible to relocate with some disruption and cost. Would not be advisable
 
PRICE    
Asking Price:    R 9 500 000
Conditions:    Negotiable
 
FINANCIAL & OPERATING INFORMATION    
Turnover:    R 1 000 000 per month
Profit:    R 100 000 per month
Annual Return:    13 % per annum
No. of Staff:    120
Year Established:    22
Legal Persona:    Close Corporation
Other Information:     
Property has a 3 year lease remaining.
 

 

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Record ID: 1081
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