The sale price is competitive at R1.45m, based on it's present 64 clients, producing an annual turnover of approx R1.46m, achieving a GP of 51% & a NP of R656 000 pa.
This is therefore, a perfect base for a budding IT entrepreneur to grow (with no staff, minimal costs & opportunity to work from home - with it's time & expense savings), while an easy assimilation into a similar IT business, with many of this Co's expenses falling away.
It is owner operated, with no staff at 2-4 hours a day for everything incl admin; 90% remote.
Established reseller for certain service providers
National Service Provider, with the ability to go international with cloud server hosting, ie host servers overseas.
Opportunities:
Take on more staff & grow the client base
Provide further hard & soft-ware services
Provide office automation products & services
- Asking Price:
- R1,450,000
- Sales Revenue:
- R1,460,000
- Cash Flow:
- R656,000
Property Information
- Location:
-
work from home. Clients across Durban, but 90% of work is remote not at clients premises
Business Operation
- Reasons for selling:
-
seller moving into motor trade where is passion is
- Trading hours:
-
5 days 8 hours
- Employees:
- owner only at this stage
- Years established:
- 4
Other Information
- Support & training:
-
seller moving into motor trade, but in Durban, so available to assist in training & introductions
- Home based:
- This business can be run from home.
- Relocatable:
- This business can be relocated.