Excellent maintenance and building company for sale.

Excellent maintenance and building company for sale.

Introduction:

• This business (building section) started in 2018 by the owner and included maintenance from 2020.
• The business is mainly operational in the Strand/Somerset West/Stellenbosch areas and works closely with estate agents/developers etc. and well known and supported by their clients.
• Although there are other competitors in the market, this business is known for good service/neatness/completion of projects timeously/excellent finishing off on their work.
• The business also got good recommendations from architects.
• There are legio possibilities for expanding the business- i.e. private clients, approaching estates, etc. as the owner doesn’t advertise at all.
• The assets include all the necessary equipment to complete the work plus a vehicle (total asset value is R200,000).
• The owner hasn’t got full time staff members but use subcontractors- these subcontractors are all reliable and experienced in their own fields.

Financials:

• Average annual turnover for the last 3 years R1,500,000.
• Average annual NP (EBITDA) – R250,000.

Selling price:

• R350,000 (neg)