Industry Overview
It has been in business for 40 years and it is still operated and managed by the founding family.
The business is diverse with 5 different revenue streams.
Location
The location is considered prime in Durban with magnificent harbour views.
Business Description
The business is an institution with a 40 year trading history
Property owning made up of 4 ERFS on a total 5100sqm
3 storey 2400sqm wheel chair (lift and ramps) friendly building
Ample secure parking
Opportunity and space for further development, there are plans for an additional 6 storey building
Financial Summary
Total Profit (EBITDA)
(2021) R1 171 104 (2020) R1 888 382 (2019) R1 823 669
Investment Rationale
This is a wonderful opportunity to acquire your own business properties and to operate a very well established and profitable business.
Transaction Information
Full Sale
To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.
