- Owner operated profitable business established in 1990.
- On selling thermal insulation materials for the domestic, commercial and industrial markets
- Large list of regular clients who have been supporting this business for many years.
- Solid financial and administrative track record
- Huge opportunity to grow this business further by launching a website.
- The business warehouses thermal insulation products and sells these onto multiple contractors and installers
- Manufacturers supply this business directly in bulk preferring this one-stop drop arrangement so that the business can deal directly with installers
- Customers place their orders, pay in advance and collect items when their payment reflects in the business account
- NO STAFF or STAFF RELATED EXPENSES
- NO COMPANY VEHICLES
- NO FUEL OR VEHICLE MAINTENANCE COSTS
- The only expenses to date have been utilities, stationery, telephone, internet and owner’s drawings.
- Rent per month of the 298 sqm (under roof) premises with the new landlord is negotiable. - He bought this property recently and seeks a 2-year lease agreement.
- Opportunity exists for a serious purchaser to relocate to own or alternate premises and reduce or eliminate the rent.
- Average monthly Turnover – R620 000 excl. VAT
- Average monthly Net Profit – R75 000 - where the seller owned the property. Going forward the NP will be dependent on rent payable
- Asking Price: R1.3 million.
Owners are selling because they would like to retire.
