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Profitable Plumbing Business - Gauteng For Sale

Johannesburg, Gauteng, South Africa
Asking Price:
R2,100,000
Sales Revenue:
R8,700,000
Cash Flow:
R150,000

ESTABLISHED PLUMBING SERVICES, JOHANNESBURG

SELLING PRICE: R 2,100,000

TURNOVER: R 8,700,000 PER ANNUM

NETT PROFIT: R 1,200.000 PER YEAR

DESCRIPTION: This Business has been established for over 15 years and has earned an excellent reputation in the marketplace. They accommodate domestic, residential, commercial and construction plumbing. They do work for the major insurance companies, from burst geysers to burst pipes and water purification works. Word of mouth is their main marketing method. With a strong client base, customers include: Office Blocks, Residential Estates and private Homes. Some clients are on a monthly Service contract. Business has a full team staff complement of 12 each with a LDV and tools. Financial statements are available to genuine Buyer.

Property Information

Real Estate:

Lease

Lease Terms:

Month to month

Leasehold Rent:

110000 pa per annum

Lease Rent:
per sq ft per annum
Living Accommodation:

Manager on own Property

Location:

Gauteng

Premises Details:

Leased with office and parking for LDV's

Size in square feet:
1000 m2
Planning Consent:

None

Business Operation

Expansion Potential:

Work demand is higher than currrent capacity

Competition / Market:

Being a registered and preferred with major Insurance Company creates less competition.

Reasons for selling:

Emigrating

Trading hours:

8am to 5pm

Employees:
8 teams
Years established:
17 Years

Other Information

Support & training:

Available

Financing available:

No

Furniture / Fixtures value:
R1,000,000
Inventory / Stock value:
R150,000
Relocatable:
This business can be relocated.