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Opportunity to acquire a leading tool hire business in the Garden Route, Western Cape, South Africa.
This tool hire business is based in the Garden Route and is leading the market as a well-known light equipment rental solutions provider, with quality equipment and it is known for personal service. The business has shown a good profit in spite of the challenges Covid has put on all businesses.
No matter how big or how small the project, this company is located in the industrial area and positioned to support the needs of a wide selection of commercial and private customers. The business has competent knowledgeable staff offering outstanding service. , They have a good range of equipment which is regularly serviced to ensure all tools rented are in good working order. All equipment is of high quality, and repairs are done on-site by skilled professionals. The asset value is more than R3mil.
The business has been operating successfully for multiple years by the same owner and has established itself as the leader in the industry. It has proven its sustainability in the industry, being the preferred supplier for many clients in this coastal town. Tool and equipment hire businesses are very lucrative since the equipment continues to earn income for many years.
The asking price excludes VAT and includes assets at a realistic secondhand value of more than R3mil.
Partnership Dissolving & Retirment
Mon to Thu: 07:00 - 17:00
Fri: 07:00 - 16:00
Sat: Closed (pre-covid traded 08:00 - 11:00)
The seller is prepared to stay on for a period of one to two months to ensure smooth handover.
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