Established Lawnmower/Garden Equipment Supplier In George For Sale

Property Description: Lawnmower/Garden Equipment Supplier in Garden Route

About this Business: The company specializes in the supply and servicing of products and equipment relating to Lawnmowing services and Garden equipment, including but not limited to Weed-eaters, Edge Trimmers, Brush Cutters, Leaf Blowers and Generators. This is a non-franchise opportunity, thus not limited to a set brand or range of product on the floor.

History: Since establishment in 2001, this business has only grown from strength to strength. Year on year, this business has operated successfully and profitably.
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Staff: 4 skilled and loyal staff members, 2 technical and 2 sales-oriented. The current owner is involved with day-to-day management, although someone can easily be trained to fulfil this position.

Scalability: This business is still extremely scalable and has an extremely large potential to expand. This area is evergreen and this company has shown stability since inception.

Figures: Annual revenue around R4million, delivering earnings around R700,000 (EBIT)

Tender/Contract: Registered with local municipalities and CSD.

Assets and Inventory: All assets are included in the Inventory. Inventory valued at R1,1 million ex VAT at cost. This is a LOCK-STOCK AND BARREL opportunity.

Reason for Selling: Immigration plans.

Selling Price: R2,4m ex VAT.

ROI: 29%