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Established Hardware Manufacturers/Distributors In Pietermaritzburg For Sale

Pietermaritzburg, KwaZulu - Natal, South Africa
Asking Price:
R7,000,000
Sales Revenue:
R6,000,000
Cash Flow:
R3M - R8M

The business has a rich history and has been profitable for 42 years. With a strong customer base of over 200 retail stores and builders, it’s a solid opportunity for potential buyers. The owner’s retirement plans make it an attractive prospect for those looking to invest in a well-established business.

Establishment: National Distributors was established 42 years ago by the current owner.
Product List of around 140 items: They manufacture and supply a large range of chemicals, glazing putty, wooden door and window frames, as well as PVC piping.
Chemicals: Their product range includes chemicals such as Creosote, Coal Tar, Linseed Oil and Turpentine
Putty: They produce Teak glazing putty for wooden window frames.
Trading Hours: Their trading hours are from 07:30 to 17:00 Monday-Fridays.

Property Information

Real Estate:

Lease

Lease Terms:

Annual Lease

Living Accommodation:

No accomodation associated with the business.

Premises Details:

Business is located within a thriving industrial premises.

Business Operation

Expansion Potential:

While the business already has a strong customer base of over 200 retail stores and contractors, there are opportunities to expand geographically and target neighboring regions. In the past, adhoc business deals have been made in Gauteng.

Competition / Market:

The chemical and putty industry can be competitive, however, the business owner has identified and adapted the business to focus on underserved niches or specific customer needs that competitors had overlooked. The business has a loyal customer base due to the exceptional customer service provided and the strong relationships formed over the years.

Reasons for selling:

Retirement

Trading hours:

Monday to Fridays, 07:30 - 17:00

Employees:
12
Years established:
42

Other Information

Support & training:

Owner will be available to provide support and training during the handover period of 1-2 months.

Relocatable:
This business can be relocated.