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Mechanical engineering workshop
General engineering workshop for sale. The owner is retiring, and this is a once in a lifetime opportunity to purchase a going concern. The sale includes,
- property 2600 sqm and building 1800 sqm
- All equipment
- All plans of agricultural equipment manufactured and other projects
- Current owner will support and train new owners to ensure continued success of business.
If you have ever dreamed of relocating to the coast and owning a viable business, you need to consider this opportunity
Contact Mike to arrange an appointment on ******
Business Opportunity - Profitable business located in Kwa Zulu Natal - PLUS Opportunity to purchase the property as well! Owners Retiring.
This family owned business was purchased in July 2008. The business is a neighborhood landmark and serves as the local shop where residents purchase their day to day items. There is no similar type of business within a 7 km radius. The store has a reputation good service, friendly staff and the convenience of being the local down the road store for goods and liquor. The business runs a successful take away and stocks fresh fruit and vegetables. In 2012 the owners decided to combine the supermarket success with the opening of a liquor store. The decision was welcomed in the area as local residents did not have to travel to the town to purchase their supplies.
Moveable Asset Value: +- R130,000.00
Average Monthly Turnover: R150,000.00
Average Monthly Expenses: R47,500.00
Average Monthly nett Profit before Tax: R50,000.00
Asking Price: R2,100,000.00 (excl. stock)
Property: R2,650,000.00 - land 463 sqm - building 348 .
The business is situated in a popular area with exclusive holiday establishments along the beachfront. The area surrounding the business is mainly residential. The business attract trade from inland areas too. There are many holiday homes in the area and the store excels in holiday season. The area post boxes are situated outside the store. There is a sought after fishing area down the road and the store has good stock of fishing equipment. Local and holiday makers flock to the store in fishing season.
The business also sells tobacco products, second hand books, local newspapers and national magazines. It has a large range of pet foods, sells airtime and lotto.
The bottle store is fully stocked with a range of quality items. The store is popular with the elderly in the area and is also very involved with the neighborhood crime watch which ensures a safe environment at all times. Word of mouth contributes greatly to this business.
The business employs 5 staff who have been there many years and are competent in running the store without supervision although the owners do come in daily.
The business would suit a buyer with some retail experience. The business nets a 25.5% return on investment with a 38% gross profit percentage before tax. Financial statement for February 2018 are available to serious qualified buyers.
PROPERTY FOR SALE AS WELL - R 2,650,000
The outlets in the distribution fold encompass mainly hospitality industry venues but the company also distributes to clubs, resorts, garages, as well as having businesses in the area which they deliver to. This side of the business has grown exponentially over the past 10 years. A good deal of new business has being taken on by the company through 'word of mouth' advertising due to the reputation of efficiency and excellent service which the business has developed.
The second area in which the business specialises in is the retail trade of liquor and related drinks. Products include a vast range of wines, malt and spirituous liquors as well as a full range of soft drinks, gift packs, cigarettes and a small range of snack items. The nature of the products sold mean that the shelf life is extensive and therefore the store is always in a position to have fully stocked shelves.
Due to the large storage area created on the premises the business is fortunate to be able to stock may products that may not necessarily be available at other commercial liquor outlets in the area.
The owners are always very amenable to sourcing any special products such as unusual wines or liquors for a customer which naturally gives them a competitive edge over other liquor stores as they become the 'go to' store where their customers know that they are getting the right products at the right price. The store is extremely well known and popular with the regular customers. The company has recently celebrated their 15th year in business.
The business is located in an upmarket suburb, mainly high end residential but with many upmarket B&B's and exclusive hotels in the area. The existing retail division is large and is continually growing. There are two competitors in the area, Tops, & PicknPay liquors. However the business has an advantage over these competitors in areas like pricing, customer service and local advantage and position.
There is also no corporate policy that needs to be adhered to which adds to customer satisfaction in that individual needs can be catered to. There are no restrictions on purchasing and large amounts of stock can be secured when needed.
Financials are available for February 2017. Management accounts are available to December 2018.
Financials are available to qualified serious buyers only.
EXCELLENT OPPORTUNITY TO OWN A GYM !!! SALE PRICE = R990K - INCLUDES ALL EQUIPMENT- GYM HAS JUST BEEN REVAMPED - CALL OR WHATSAPP SANDY 0842088055 FOR MORE INFORMATION.
:A Popular profitable family restuarant established 15 years with a niche seafood market at exceptionally good prices , FOR SALE . With a lovely outside entertainment area & diving pool (generates an extra income), there is an additional level on the premises that can be let out for extra income . Seaview/river views etc... 90/100 seater -excellent social media advertising platforms etc . for more info please call or whatsapp Sandy for more info - 0842088055 . Owners are retiring .T/O = R 2 940 mil pa.
various businesses for sale please call or whatsapp Sandy 0842088055 - business broker East Coast Realtors :
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