The Business has a long-standing, sole agency for an international brand of servicing machines, which it imports and sells to local service centres throughout South Africa, with a presence in most major centres country-wide and Southern Africa.
It is recognised as the industry leader in its sector. Recently, it has been gaining market share and showing strong growth.
The business has been owned for more than 30 years by the original founding family, who are now planning their retirement.
Selling Price (Business): R19 000 000
Selling Price (Enterprise Value): R35 000 000 (Debt-free cash-free) includes NWC guarantee of R16 million.
