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Well-established Hvac Business In Cape Town Milnerton For Sale

Cape Town, Western Cape, South Africa
Asking Price:
R3,950,000 Furniture / Fixtures included
Sales Revenue:
R3,750,000
Cash Flow:
R982,841

A well-established HVAC business is up for sale, with the current owners, a Husband & Wife Team, looking to retire after four decades of success in the industry. This opportunity offers several appealing features, including minimal operating costs, potential for growth, utilization of subcontractor teams for installations, flexibility in relocation, and the option for the seller to provide extended support on a commission or consulting basis.

Prospective buyers must have prior experience in the HVAC sector to effectively take over this technically demanding business.

Property Information

Real Estate:

Lease

Lease Terms:

Rent includes VAT. Excluding utilities.

Leasehold Rent:

R96,000 per annum

Location:

Commercial, Milnerton, Cape Town.

Premises Details:

Admin, Sales, Consulting and Design is housed on one premises with storage units at a nearby location.

Size in square feet:
70 sqm with additional storage units rented for bulk stock and equipment.

Business Operation

Expansion Potential:

The owner, due to their age, no longer undertakes strenuous work and instead outsources tasks such as refrigeration and extraction at a referral fee. It is suggested that these services should be brought in-house again in order to boost revenue and profitability. Currently, the business relies solely on reputation and referrals, with no marketing efforts to attract new customers. To fully capitalize on the active and expanding opportunities in the sector, the business requires fresh energy and updated strategies for growth and expansion.

Competition / Market:

The HVAC sector is known for its fierce competition. This business manage to grow despite the competition. It's network is priceless. No 'paid for' marketing is done.

Reasons for selling:

The owner is +70 years old and wants to slow down.

Trading hours:

Mo - Fri

Employees:
2
Years established:
13

Other Information

Support & training:

2 Months training and handover included in sale.

Furniture / Fixtures value:
R855,000 - included in the asking price
Inventory / Stock value:
R1,200,000
Related Documents:
Relocatable:
This business can be relocated.