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Established Garden Service In Durban For Sale

Durban, KwaZulu - Natal, South Africa
Asking Price:
R560,000 Furniture / Fixtures included
Sales Revenue:
R695,000
Cash Flow:
R366,000

SOLD & transferred 1 AUG 2024 by ALDES Cliff Bell
The owner has scheduled sites: 2 industrial sites & 35 individual houses, serviced by very capable staff (4) providing gardening & pool services. Refuse removal, tree felling, & ad hoc garden clean-ups are also sources of income. In addition, while making R50k+ commission pa from dealer status in selling equipment,. The business offers weekly & biweekly garden maintenance from Pinetown to Hillcrest. The owner drives the team around.
There are no AFS available, but all information has been on Sage for the last few years. This report shows generalized values compared to the varying Sage reports.
Client addresses, etc., will be provided at the due diligence stage.
As per most Garden Services, there are no contracts with the scheduled clients but an understanding of weekly/bi-weekly servicing (37 clients) or a one-off service.
The turnover pa amounts to R695k, broken-down to : R523k from scheduled garden services, R122 from ad hoc clean-ups and tree felling, & R50k+ commission pa from dealer status through selling equipment, while the net profit/owners discretionary income (including his benefits) amounts to R366k pa (with every expense covered).
The assets are freehold, including a pick-up & tools.

Property Information

Premises Details:

May be operated from home as is presently done as the tools fit on the back of the bakkie

Business Operation

Reasons for selling:

Owner is emigrating

Trading hours:

Mon to Fri

Employees:
4
Years established:
2010

Other Information

Support & training:

Owner will assist in the handover & introductions

Furniture / Fixtures value:
R60,000 - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.