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Thriving Glass & Aluminium Business In Bloemfontein For Sale

Bloemfontein, Free State, South Africa
Asking Price:
R1,950,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R1,570,000
Cash Flow:
R657,000

This Business is well-established and very well-known in Bloemfontein. It has been in existence for 36 years and has a loyal client base as well as Government contracts. This company prides itself on customer service satisfaction, and its Google reviews are a testament to that. The business is run by a very competent manager, and the staff is very loyal. The owner is relocating to the Western Cape, hence the reason for selling.

Financial snapshot:
The following figures are from Mar'24 - Nov'24
1. Gross Revenue - R1 570 000
2. Cost of Sales - R452 000
3. Mark Up % - 250%
4. Gross Profit % - 71%
5. Net profit % - 42%
6. ROI - 45%

Note: The business's property can be purchased for R 2 150 000.00. It has been zoned for commercial use.

This is an excellent business. Don't wait too long. It will sell quickly.

Preference will be given to cash buyers.

Property Information

Real Estate:

Lease

Lease Terms:

Rent includes water, electricity and wi-fi.

Leasehold Rent:

R138,000 per annum

Location:

Situated in Bloemfontein

Premises Details:

The new owner has the option to rent the premises from the current owner or to purchase the premises for an additional R 2 150 000.00

Business Operation

Reasons for selling:

The owner wants to relocate to the Western Cape

Trading hours:

Mon - Fri: 08h00 - 17h00

Employees:
5
Years established:
36

Other Information

Support & training:

All training and support will be provided

Furniture / Fixtures value:
R600,000 - included in the asking price
Inventory / Stock value:
R25,000 - included in the asking price
Relocatable:
This business can be relocated.