The Business is based in the South of Johannesburg and includes the Property;
THE BUSINESS
R28,500,000 Million: Total Selling Price (Including Total Asset Value)
Inclusive in the Selling Price
R18,6 Million (Non-Current Assets)
R 8,3 Million (Current Assets)
R26,9 Million (Total Inclusive Asset Value)
NB: The above asset value has been extracted from the latest balance sheet and may vary.
THE PROPERTY
R16,500,000 Million Selling Price
Inclusive in the Selling Price
A five Hectare plot, Zoned Semi Industrial - strategically located
2 x Modern brand-new residential houses with beautiful gardens
Modern offices and workshops
Complete stock yard
All above in a highly secured, security area
TOTAL ACQUISITION VALUE (Includes the Business and Property)
R45,000,000 Million
PROFIBILITY (Business)
R9,3 Million: Net Profit (EBITDA) per Annum
R775,000 Million: Average Net Profit (EBITDA) per Month
INVESTMENT RETURNS – The Business (Includes Assets)
3 x: PE Ratio (Price Earnings Ratio)
33%: ROI (Return on Investment)
36 x: MPB (Months’ Pay Back)
IMPORTANT NOTE
There are certain terms and conditions and requirements in terms of our agreement with the seller under which we are restricted to introduce a potential purchaser, no detailed operational/financial information will be disclosed without the required documentary and source documents of a potential purchaser being processed according to the seller's criteria.
BACKGROUND AND HISTORY
The Business and Property is for sale in a combined transaction, although it will be two separate sales agreements. This opportunity is therefore only available in one combined transaction with two separate sale agreements and not for sale separately.
The business was established many years ago in the South of Johannesburg. The current owner plan to retire after many successful years in the business. The business operates its own reliable fleet of delivery vehicles to deliver the variety of materials in Gauteng. The business supply to numerous hardware stores, building and civil contractor companies in and around Gauteng.
Good quality materials are considered a necessity in the building and construction industry and therefore the product range has been expanded over the years to a complete range of products as it is known for today. The focus on customer care and good service, delivering on time, combined with value for money, differentiates the business with distinction.
The business provides the following extensive range of materials; Building sand, Plaster sand, Filling material, G5, G6, G7 and G9, Decorative stone, Builders blend, 13mm Special mix, Yellow building sand, River sand, Dump Rock, Red building sand, 19mm and 13mm Stone, Plaster sand and Washed plaster sand.
Most of the cliental are in the South and East of Johannesburg, although orders have been delivered to clients as far as the West Rand. The owner oversees the business financials and assist with operational advice, while the day-to-day distribution, operations, marketing and client interaction as well as administration functions has been carried out by very reliable staff with many years of experience. The staff work as a team and all their statutory requirements are in place and within the terms of legislation.
A comprehensive financial overview was carried out over the financial system, latest Annual Financial Statements and Management Accounts. The proposed price valuation was calculated against industry benchmarks and considering that the business has an exceptional track record, above average historical growth trends and successfully well-established over a period of more than thirty-five years in the industry.
