The sale price is competitive at R1.45m, based on it's present 64 clients, producing an annual turnover of approx R1.46m, achieving a GP of 51% & a NP of R656 000 pa.
This is therefore, a perfect base for a budding IT entrepreneur to grow (with no staff, minimal costs & opportunity to work from home - with it's time & expense savings), while an easy assimilation into a similar IT business, with many of this Co's expenses falling away.
It is owner operated, with no staff.
Established reseller for certain service providers
National Service Provider, with the ability to go international with cloud server hosting, ie host servers overseas.
Opportunities:
Take on more staff & grow the client base
Provide further hard & soft-ware services
Provide office automation products & services
- Asking Price:
- R1,450,000
- Sales Revenue:
- R1,460,000
- Cash Flow:
- R656,000
Property Information
- Location:
-
work from home. Clients across Durban, but 90% of work is remote not at clients premises
Business Operation
- Reasons for selling:
-
seller moving into motor trade where is passion is
- Trading hours:
-
5 days 8 hours
- Employees:
- owner only at this stage
- Years established:
- 4
Other Information
- Support & training:
-
seller moving into motor trade, but in Durban, so available to assist in training & introductions
- Home based:
- This business can be run from home.
- Relocatable:
- This business can be relocated.