Sourcing and distribution of security apparel to clients.

Sourcing and distribution of security apparel to clients.

Introduction:

• This company is well known throughout SA for the sourcing and supplying of various security apparel including but not limited to riot equipment, bullet proof and security wear, applicable footwear, all relevant accessories. The total product offerings covering all aspects of security apparel.
• The owner through the years adopted to new products in this field, and thereby having been able to present up to date offerings to his well established client database, the clients being located all over SA.
• The owner has sourced and appointed staff that can assist him in the day to day basis running of the business. The staff complement at this stage amounts to 5.
• The business is conducted from an industrial building that is conveniently located near to an international highway, so the clients and courier companies have easy access to the business to fetch orders.
• The reason for selling the business is that the owner has been in the business for many years and wishes to retire now, but he is prepared to stay on in the business to give a new owner thorough training on all the aspects of the business.

Financials:

• Average annual turnover R12,15 million
• Average COS 73%
• Average GP 27%
• Average annual NP (EBITDA) R1, 05 million
• Asset value R257,000

Selling price:

• R3 million plus stock – that gives you a ROI of 35% which is very high.
• Stock value will be determined on date of takeover.