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Well-Known Tool Hire Business - Limited Owner Involvement For Sale

Western Cape, South Africa
Asking Price:
R1,800,000 Furniture / Fixtures included
Turnover:
R1,827,320
Net Profit:
R971,400

This amazing tool hire rental has been operating in this small Cape Winelands Langeberg Town for more than 20 years.

The owner, who took over 2 years ago, moved premises and upgraded the rentable equipment/tools, which is clearly reflected in the revenue increase.

A strong Admin Office Manager allows the owner to not be involved apart from WhatsApp interaction and payments.

Property Information

Real Estate:

Lease

Business Operation

Management type:
This business has absentee ownership.
Reasons for selling:

Owner wants to focus on other ventures.

Employees:
4
Years established:
20

Other Information

Furniture / Fixtures value:
R1,207,220 - included in the asking price
Contact Broker