Exceptional national flooring supply business for sale.
Introduction:
- This is a kind of business that will always be in demand irrespective of economic circumstances, as every building must have flooring and being able to supply flooring which is in demand and at very affordable prices this business is set to keep on succeeding.
- The owners import from various suppliers and distribute via centres in the main cities of SA- some of their premises are rented and some owned (is available at a selling price of R2,5 million).
- Their products are on par with worldwide trends and include but not limited to supplying retail/health care/education organizations with unique vinyl, wall protection systems including rails, corner protectors, wall cladding, etc.
- All of these product offerings are only sold to other businesses that install the flooring etc., so this business hasn’t got the extra responsibility of installing the products as well.
- The existing staff of 8 is well trained and experienced in all facets of the business and a new owner thus can rely on them to continue in the business.
- The owners do continuous research on the latest worldwide products and as a result has concluded a supply agreement with worldwide suppliers of flooring.
Financials:
- Annual average turnover R27,8 million
- Average GP 2026 52% (varies between 50-55%)
- Annual NP (EBITDA) 2026- R2,8 million thus +/- 10% of turnover.
Selling price:
- Selling price R10,5 million excluding stock of +/- R12 million- that gives you a ROI of 27%.
- Besides above stock, there is slow moving stock of +/- R7 million that the owners will sell beforehand.
Price: R 10.5 million
Description: FLOORING BUSINESS (I 3189)
Address: WESTERN CAPE
State: Western Cape
ZIP:
Description: FLOORING BUSINESS (I 3189)
Address: WESTERN CAPE
State: Western Cape
ZIP:
REF #: I 3189
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