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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.