086 1222 021

info@scsgroup.co.za

Price Range: From To

Equipment & Tool Hire business For Sale

R11,000,000

Business Description

This business comprises of three income-generating divisions that have excellent synergies with one another: selling, renting out and repairing a range of power tools and equipment. This business is renowned for their high quality and specialized, branded equipment and tools and they own a few well-known brand agencies. Clients from a range of industries hire, purchase or repair their tools and equipment here.

This business has been trading successfully for three decades and has proven its sustainability in the industry, being the preferred supplier for many clients. These type of businesses are very lucrative since the equipment continues to earn income for many years. It has a high entry to barrier and with existing agencies and distribution agreement in place, this business is well suited for continued success and growth. The operations are supported by a good manager and experienced, skilled staff.
In addition to the business, a purchaser also has the opportunity to buy the property (business premises), which is located in a very sought after industrial area.

Business Details

  • Property ID: JT-294
  • Price: R11,000,000
  • Turnover: R12.93mil
  • Actual Profit/Year: R3.26mil
  • Turnover range: R10mil+
  • Profit range: R2mil-R5mil

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: The owner wants to retire
  • Business history: Business has been trading successfully for +-30 years
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: Negotiable
  • Premises Details: +/- 900 sqm. (The entire building, of which this business occupies a third, is also owned by the same owner and for sale)
  • Rent & lease terms: Option to purchase property
  • ASSETS AND STOCK:

  • Assets included in sale: Yes
  • Value of assets: R5million
  • Stock included in sale: No
  • Value of stock: TBC
  • GENERAL COMPANY INFO:

  • Employees: A staff compliment of 17, including technically skilled personnel and a manager
  • Trading hours: Normal Business Trading Hours
  • Support & training: Full Support and Training
  • Business Address

    • City: Cape Town
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Johan Taljaard
    0837975678
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