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Marine Aviation Enviro Equip Supplier In Durban For Sale

Durban, KwaZulu - Natal, South Africa
Asking Price:
R1,650,000 Furniture / Fixtures included
Sales Revenue:
R3,580,000
Cash Flow:
R1,064,000

SOLD by ALDES - June 2018

Sale Price of R1.65m with a Net Profit of R1m pa.

Navigation, lighting, etc equip - representing 5/6 well respected international companies with Agency Agreements in place. A high level of technical understanding is not required, but rather the ability to understand the products & their performance (from the brochures/tech sheets).

Tenders (approx. 80% 0f turnover but can vary) & business opportunities (5%) are sought & developed, while existing clients (15%) might call in for quotes. Once an order is confirmed it is sent through to the manufacturer, with (on occasion) delivery directly to the client, normally within 2 weeks (air) & 2 months (sea). The present owner does not really partake in new business development which is an opportunity especially for non-tender business (some R2m possible). Calls do come in w.r.t. problems with the product & that is immediately fed through to the manufacturer for input or addressing (including technicians being flown out to SA).

Property Information

Location:

Work from home anywhere in SA, although Durban is where the business is presently situated and it is SA's biggest port, as well as being close to R/Bay & King Shaka International Airport.

Business Operation

Expansion Potential:

Conduct business development which the present owner does not really partake in.
Increase the service offerings, by adding value in the form of a “service division, which could open-up other revenue streams as the necessary skills are not always available “in-house” as concerns the clients.

Competition / Market:

3 other companies with different agency agreements/international companies - who's products & pricings vary

Reasons for selling:

Owner retiring & moving

Trading hours:

9-16h00 Monday -Friday

Employees:
1 3 days a week (mornings only) apart from the owner
Years established:
30 years

Other Information

Support & training:

The seller will assist in all regards, while the International Suppliers & their technicians are always available

Furniture / Fixtures value:
R6,900 - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Information

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