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Electrical And Plumbing Repairs And Installation, Est. 30yrs, For Sale

Johannesburg, Gauteng, South Africa
Asking Price:
R8,700,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Should you be looking for a well-run, reliable and trusted Electrical and Plumbing Services, Repairs, Maintenance and Installation Company that is unparalleled, and exceeds all expectations of professionalism and integrity, then this is the business to buy!

Their work encompasses all general repairs and installations, Licensed to do COCs, New Installations and Revamps, as well as supplying, installing and maintaining all Generators and Solar Power.
They do Diesel Delivery Contracts, & the Staff are extremely competent in doing any Plumbing & Electrical work, whatsoever.

The business has Service Agreements and Delivery Contracts in place with Standby Teams to do emergency work 24/7, 365 days a year.
Their accounts do not exceed 7 days from the date of Invoice!! Some are even COD, and at this stage, there are no 30-day accounts!

As previously mentioned, the company works 24 hours/7 days a week, and also guarantees a 60 Minute Turn-around Time from phone calls!
They have approximately 2000 existing clients, as well as clients who own lots of buildings in JHB, & buildings they have Contracts in place to maintain, both plumbing & electrical with Diesel supply as well, throughout the year.

An extremely profitable efficiently run company, that is perfect for a Businessman/entrepreneur with electrical & plumbing knowledge to grab the reigns from the current owner, and continue to drive & grow this top-class operation!

Property Information

Real Estate:

Lease

Location:

The business' Offices are run from the owner's house, and therefore the new owner will have to move to his own suitable premise. An estimated Rental amount of R50k per month has been added into the figures to cover this for the new owner only, because currently the existing owner does not have to pay Rent.

Business Operation

Expansion Potential:

There is plenty of room for growth, especially on the monthly service contracts, and owing to the amount of Generators and Solar business that is continuing to grow, month on month.

Competition / Market:

They of course do have competition in the rest of Johannesburg, however the company is considered to be one of the best available in town.

Reasons for selling:

After running this business for 30 years, 24hrs a day, the owner has decided to pursue his dream and is going to be farming in the Cape.

Trading hours:

The company operates 24/7, 365 days a year.

Employees:
They have a Total of 14 full time Staff Members, including Plumbers & Electricians and an admin lady doing their Quotes, as well as Client Liaison and Invoicing.
Years established:
The owner started this business on his own, 32 years ago.

Other Information

Support & training:

They owners are prepared to stay on 3 to 4 months to help the new owners with a smooth transition with out any interruptions.

Furniture / Fixtures value:
R500,000 - included in the asking price
Inventory / Stock value:
R200,000
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.