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Established Electronic Importer And Wholesaler In Durban For Sale

Durban, KwaZulu - Natal, South Africa
Asking Price:
R22,000,000 Inventory / Stock included
Sales Revenue:
R6,000,000
Cash Flow:
R1,200,000

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Long established, profitable, expansive Electronic business with 65,000 stock line items valued at R9 mill.

Supplier of electronic components to the electronic repair and service industry, nationwide.

The business owns and operates out of an 800m2 double story warehouse valued at R8 mill, in a prime location.

Ramp access to the top floor, making the offloading of containers streamlined. Ample parking for customers.

The business has a 30KVA 3 phase generator together with a newly purchased 15KW solar system, so the business is fully operating during load shedding.
Loyal, long standing, well trained and experienced staff.

Perfect investment opportunity as staff are capable of running the business.

The most valuable part of the business are the outstanding suppliers who have been groomed over the many years.

Over the lifespan of the business, years have been invested in establishing reliable and dependable suppliers in China who are there to grow and support the business as your market dictates.

On full transfer of ownership, the seller will arrange a business trip to China to personally meet with the suppliers.

Reason for selling: Owner is retiring.

Property Information

Real Estate:

Real Property Included

Location:

Prime Location just off Umgeni Road with ample public parking.

Premises Details:

Own property.

Warehouse on 2 floors with ramp access to the top floor.

800m2 in total.

Showroom and office space in the warehouse.

Size in square feet:
8,000

Business Operation

Expansion Potential:

Huge potential to expand range of products according to the demands of the market.

Competition / Market:

Industry leader in Durban. Minor competition from specialist companies.

Reasons for selling:

Owner / Member retiring

Trading hours:

Monday - Friday 8am - 4pm
Saturday 8am -12:30pm
Sunday closed

Employees:
7
Years established:
40

Other Information

Support & training:

Full support and training offered on computer system.
Introductions to suppliers

Furniture / Fixtures value:
R550,000
Inventory / Stock value:
R9,000,000 - included in the asking price
Website:
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Relocatable:
This business can be relocated.