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Established Tool Hire Business Serving The Great Karoo For Sale

Great Karoo, Eastern Cape, South Africa
Asking Price:
R1,850,000
Turnover:
R2,241,078
Net Profit:
R616,381

BUSINESS OVERVIEW

Offering an attractive opportunity to acquire an established business with over a decade of trading history, this tool and equipment hire business has built a solid reputation in the Great Karoo, Eastern Cape.

Ideally situated in a business park along a main road, the business benefits from good visibility and exposure within an established commercial environment, surrounded by well-known brands. The premises comprise approximately 108 m² of functional space, providing a practical base for its operations.

Supported by an established customer base, valuable local goodwill, and long-standing community relationships, the business provides a strong foundation for a new owner to build on its existing success and explore further growth opportunities.

Offering a comprehensive range of power tools, construction equipment, access equipment, scaffolding and landscaping tools, the business serves contractors, tradespeople, businesses and private customers across a variety of industries. Its diverse hire fleet provides customers with convenient, cost-effective access to equipment without the expense of ownership.

Operating as a going concern, the business offers an established platform with existing infrastructure, booking systems and supplier relationships. With technical personnel remaining in place and a structured handover and practical training provided, a new owner can build on the existing foundation and pursue further growth opportunities.

KEY HIGHLIGHTS

  • Trading successfully since 2014
  • Strong local business with a solid reputation and valuable goodwill
  • Established Customer base
  • Prime Main Street business park location in Graaff-Reinet
  • Comprehensive hire fleet covering power tools, construction equipment, access equipment and landscaping
  • Existing licence to erect scaffolding
  • Established suppliers and operational systems
  • COD payment terms, supporting cash flow
  • Technical personnel remaining with the business
  • Structured handover and practical training for a smooth transition
  • Multiple opportunities for future growth and expansion


PRODUCT & SERVICES

  • Power Tools: Equipment for drilling, cutting, grinding, sanding and other construction and maintenance applications.
  • Construction Equipment: Machinery and equipment used for building, renovation, repair and general construction projects.
  • Access Equipment: Equipment designed to facilitate safe access for work at height.
  • Scaffolding: Scaffolding-related hire services, supported by the business's existing licence to erect scaffolding.
  • Landscaping Equipment: Tools and equipment for garden maintenance, outdoor projects and landscaping activities.

GROWTH OPPORTUNITIES
The business offers an established platform with significant potential for a new owner to unlock further growth and maximise revenue.

  • Secure Contractor and Trade Accounts
  • Expansion of the hire fleet
  • Agricultural customers in the surrounding Karoo region
  • Improved online and social media marketing
  • Capture Online Enquiries
  • Delivery and collection services to surrounding towns

IDEAL BUYER
An ideal opportunity for an entrepreneur or investor seeking to acquire an established, operational business with a proven trading history, an existing customer base and potential for further growth and expansion.

Property Information

Real Estate:

Lease

Lease Terms:

Option to renew

Leasehold Rent:

R76,653 per annum

Location:

Ideally situated in a well-established business park along a main road in the Great Karoo, Eastern Cape, the business benefits from good visibility and exposure within a recognised commercial environment, surrounded by established businesses and well-known brands. The premises offer approximately 108 m² of functional space, providing a practical and accessible base for daily operations.

Size in square feet:
108 sq meters

Business Operation

Competition / Market:

No

Reasons for selling:

Retirement of the owner.

Trading hours:

Mon – Thu 07:30 – 16:30
Fri 07:30 – 16:00

Employees:
1 Manager & 3 Staff
Years established:
2014

Other Information

Support & training:

The current manager will assist with a smooth handover, while two experienced technical staff members will remain with the business to ensure continuity of operations.