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Profitable Gas And Welding Supplies Store For Sale

Rustenburg, North - West, South Africa
Asking Price:
R3,642,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R8,500,000
Cash Flow:
R720,000

The business is a wholesale supplier of all types of industrial gases as well as LP gas for domestic use. The business also sells welding products and a small range of general hardware products.
The business has a good and loyal recurring customer base but there are still good opportunities to expand the business to new geographical areas.
Business is operating for 5 years. All the relevant permits are in place.
Located in Rustenburg
Annual Turnover: R8.55 million
Annual Expenses: R800 000
Rent: R171 060 (area 200m²)
Annual Cash Flow: R720 000
Assets: R35 000
Net working capital (stock, debtors, and suppliers): R1.182 million
Owner: Owner works full time. Staff fully trained
Operating hours: Monday to Friday: 08h00 to 16h30
Saturdays and Sundays: closed
Opportunities: Advertising, Expanding customer base to other geographical areas.
Selling Price (including net working capital of R1.182 million) R3 642 million.
ROI: 22.7%
Reason for selling: The owner lives in Johannesburg and stays Monday to Thursday in Rustenburg to run the business for the last 5 years. He wants to have more time with his family.

Property Information

Real Estate:

Lease

Leasehold Rent:

R171,600 per annum

Premises Details:

Shop with warehouse space

Business Operation

Reasons for selling:

Owner is Relocating

Trading hours:

Mon-Fri:8am - 4.30pm

Employees:
4
Years established:
5

Other Information

Support & training:

Full handover by owner

Furniture / Fixtures value:
R35,000 - included in the asking price
Inventory / Stock value:
R1,182,000 - included in the asking price

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