Excellent opportunity to acquire a profitable and established Solar business in Limpopo.
The business has been in operation for several years and has established a strong reputation for providing solar products and services.
The business generates revenue from it's retail arm as well as it's servicing and installation arm. The business is very prominent with three shops. These are strategically positioned to ensure that the business can is be positioned for it's clients.
The business posted a healthy revenue of over R15m in the 2023 financial year with a Net Profit EBIDTA of over R1,1m.
The asking price for the business is R3,000,000 excl Stock and Vat. Stock is estimated at around R1m. This offers a buyer an excellent return on investment of 36% on the selling price.
The business is currently owner managed and interested buyers would either need to manage the business themselves or employ a suitable manager.
The staff employed in the business manage the admin and technical side, while the owner oversees the entire operation.
With South Africa's dire electricity problems due to Eskom's inability to provide consistent power, the solar industry is only going to grow. This established business means you can hit the ground running in this business sector and take full advantage of the industry growth over the next few years.
This is a truely excellent business.