Lawnmower/repairs/outdoor equipment business for sale.

Lawnmower/repairs/equipment business for sale.

 Introduction:

• This is a business that will always be in demand as every resident of a property needs to maintain his/her outside area, including complexes, office buildings, etc.
• The owner has longer than 25 years serviced his clients with excellent service and affordable products, notwithstanding the fact that he only supplies well known registered branded products – this includes but is not limited to lawnmowers, brush cutters, chainsaws, generators, water pumps, pressure washers.
• The business is designed to receive various streams of income annually, and therefore is not dependent on seasonal sales.
• It has over years built up a strong client database, one of the reasons is a well- trained/experienced/loyal staff who always keeps the needs of the clients in mind when giving advice.
• The client base is not only the local areas, but as far as Worcester/Swellendam/Bredasdorp, etc.
• The only reason for selling the business is that the owner wants to go on a well -deserved retirement.

 Financials:

• Average annual turnover R14,205 million
• GP average- R5,518 million (39%)
• NP (EBITDA)- R1,86 million (13%)

Selling Price:

• R5,575 million excl stock of +/- R1,8 million.