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Signage Business Growing Every Year In Durban For Sale

Durban, KwaZulu - Natal, South Africa
Asking Price:
R7,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R12,000,000
Cash Flow:
R4,000,000

Owners discretionary income of R4m plus, off a Turnover of R12m (after all expenses including financing of assets), with an excellent Sale Price of R7.5m,
Long standing name in the signage industry (70%) with additional services (30%) meeting business & individual needs. Capable staff, good equipment, existing clients, as well as, a varied offering & marketing strategies, ensure continued growth as evidenced over the past years. A R2m COVID drop has already been recouped & the highest turnovers ever are being recorded.
as at Feb : 2018: R6m ; 2019 : R7.7m; 2020 R9.3m ; 2021 R7.3m ; present year is on track to exceed R12m (both as in last 12 months & the year moving forward).
For the last 12 months the Owners Discretionary Income totalled R4m plus.
A full list is available. They are in good condition & more than sufficient.
The main assets are: 6 bakkie/trucks, 5 printing machines with different purposes, designer software, computers, pastel system, various metal machines & electronics.

Property Information

Real Estate:

Lease

Leasehold Rent:

R360,000 per annum

Premises Details:

The site is some 1 000m2 vs the buildings of some 600m2, which would be available at R30 000pm excl VAT, E, W & refuse; with an 8% escalation clause pa.
The seller owns the premises & is open to discussions on the length of lease required by the purchaser of the business; while a sale of the premises is not presently being considered.

Business Operation

Reasons for selling:

Emmigrating

Trading hours:

Monday to Friday 0800 t0 1700 hours. Saturday 0800 t0 1300 hours

Employees:
Owner plus a manager & 16 staff
Years established:
30 yrs

Other Information

Support & training:

Owner will introduce to client/suppliers & provide training

Relocatable:
This business can be relocated.

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