About this Business: This business specializes in the supply, service, and installation of solar products and water pumps, to name a few. The business has a regular and loyal client base. The company is well known to the locals.
History: The current owner has over 50 years’ experience in this field and is willing to share his knowledge, skills, and client base with the future owner.
Staff: Laborers are in place, although the owner is still hands-on and does most of the electrical work himself.
Scalability: This business is extremely scalable and has ample room for growth and expansion. There is even a possibility to branch out due to the volume of work available in the local area.
Figures: Annual revenue exceeded R3,7 million in 2023.
Opportunity: The opportunity presented is to buy in at 50% and learn with the current owner until you are ready to take over the full business and service the client base. You must have a valid “wireman’s ticket” and be able to sign of COC’s. The current owners would like to stay onboard for two years to make sure it’s a smooth transition.
Assets: Assets included in selling price
Reason for Selling: Retirement
Selling Price: R650,000.00 ex VAT (for 50% ownership)
