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Profitable Glass & Aluminium Business - South Coast For Sale

South Coast, KwaZulu - Natal, South Africa
Asking Price:
R1,200,000 Furniture / Fixtures included
Sales Revenue:
R2,820,000
Cash Flow:
R648,000

Great opportunity for someone to buy a long established and profitable business on the South Coast of KZN!
This business has been operating for 21 years and specializes in the manufacturing and installing of glass and aluminium products for the domestic and commercial trades.
From windows, balustrades, sliding doors, shower doors, sky lights, security gates, burglar bars and stack doors.

Staff: 4 + owner.
Rent: R12 766 incl.
Asset value: R250 000 incl. a work bakkie.
Turnover: average of R235 000pm.
Net Profits: average of R54 000pm.
Selling Price: R1,2 million. (including all assets.)
R.O.I. 49,8%.

Property Information

Real Estate:

Lease

Leasehold Rent:

R155,000 per annum

Location:

Situated in a busy shopping centre.

Business Operation

Reasons for selling:

Owner wants to retire.

Trading hours:

Mon - Fri: 7.30am - 4.30pm.

Employees:
4
Years established:
21

Other Information

Support & training:

Full training & handover by owner.

Financing available:

No.

Furniture / Fixtures value:
R250,000 - included in the asking price
Inventory / Stock value:
R135,000