About this Business: This business specialises in Earthworks and the Transportation of material removed and used on site.
History: This business was established in 2016 and operates profitably under management of the establishing owner.
Staff: No staff, this husband and wife team runs a tight ship. The current owner is willing to stay on for a pre-determined period of time to assist with handover to new owner.
Scalability: This business is extremely scalable as for the scope to branch out and take on additional work loads. The current customer count exceeds 53 regular clients.
Figures: Annual revenue for 2023 circa R720k. EBIT earnings to be discussed as expenses are minimal.
Assets: The asset inventory is valued at R735,000. (44% asset value!)
Reason for Selling: Owners to venture into a new business opportunity.
Selling Price: R1,650m
ROI: 30%!
