This electrical appliance repairs company was started by the present owner 5 years ago, and has been growing steadily since week one. Having said that, the owner now runs the business remotely from Cape Town, while his Company Manager runs the office in the East
Rand, and they are still successful. Although this works well, since moving to the Cape the owner wishes to work closer to where he lives.
Their customers are anybody that needs an appliance repaired. They work mainly in the East Rand, and they have some commercial customers that are Franchise Groups, and they do work for the various branches regularly. They have a well trained team that gets told where to go by the manager at head office, and what the problems are, and the jobs get done. They are able to repair all Commercial and Domestic Appliances including a few gas appliances as well.
This business is extremely easy to grow, as they are well known in the area, and an experienced electrician can increase the amount of jobs that get done in a day, so turnovers and profits immediately grow! In fact, the potential for growth is infinite, as long as the boss is there daily 'hands-on', as the business has the potential to grow into a National Company, should the new owner want to grow that big, however, even just working East Rand and Johannesburg with more teams will be very lucrative indeed! .
This is an "A Grade" opportunity not to be missed!!!!
- Asking Price:
- R995,000 Furniture / Fixtures included
- Sales Revenue:
- Undisclosed
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Lease
- Location:
-
Head Office is well located in the East Rand in a small Office, in a really well kept and safe Office Park, with a Rental that is really extremely reasonable.
- Premises Details:
-
The Manager controls everything from the Head Office, and the Assets include all the office equipment, as well as the 'nearly new' Bakkie that the technicians use, which will be completely paid off. There is no money owing on the business.
Business Operation
- Competition / Market:
-
Of course they have competition, however, it is all about service, and their service has proved second to none!!
- Reasons for selling:
-
The owner has moved to the Cape, and although he runs the business remotely form there, it is not ideal, and he has other opportunities in the Cape that he wishes to pursue.
- Trading hours:
-
They trade from 8am to 5pm Mondays to Saturdays.
Sundays closed.
- Employees:
- They have a Total of 3 Employees, including the Office Manager.
- Years established:
- This business was started by the current owner 5 years ago.
Other Information
- Support & training:
-
The current owner will stay on for a period to be negotiated to show the buyer how he runs the business now. He will come to Johannesburg in order to do this properly!
- Furniture / Fixtures value:
- R45,000 - included in the asking price
- Inventory / Stock value:
- R15,000
- Relocatable:
- This business can be relocated.
