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Flourishing Flooring Business Seeks Bee Partner For Sale

Cape Town - Northern Suburbs, Western Cape, South Africa
Asking Price:
R9,000,000 Furniture / Fixtures included
Sales Revenue:
R15M - R100M
Cash Flow:
R3M - R8M

Well-established flooring business seeking a BEE partner.
Operating successfully for 30 years, this profitable enterprise boasts a loyal customer base and strong reputation. Offering a wide range of products and expert installation services, this business presents a turnkey opportunity for a BEE entrepreneur looking to enter the flooring industry.
BEE partner must take up an active role in the business, be presentable, well-spoken and motivated to take over the business in the long run.
BEE partner must have own unencumbered funds to buy a minimum 10% share in the business. Larger shareholding can be negotiated.
The business is valued at R 9m for 100%, 10% represents R 900 000.
Current owners will give full training and support.

Property Information

Real Estate:

Lease

Location:

Cape Town - Northern Suburbs

Premises Details:

Leased premises

Business Operation

Reasons for selling:

Owners looking to retire in the long run.

Trading hours:

Monday to Friday

Years established:
30 Years

Other Information

Support & training:

Full training and support will be given.

Financing available:

No.