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Results for self catering in "self catering" in George in George
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ABOUT THIS BUSINESS: Massive skips business servicing the Mossel Bay and George areas, is a full operation with a 4 ton truck, Ford Ranger bakkie, 3 skip trailers and 92 skips. Easy to manage from a distance as the manager and two drivers are running the operations. A WhatsApp group facilitates the logistics for pick-up and drop-offs. This market dominating waste management company specializes in skip bin rentals and waste collection services, catering to residential, commercial, and industrial clients. With a strong customer base, reliable equipment, and a proven track record, this business offers a turnkey opportunity for entrepreneurs. Located in a growing region with high demand for waste solutions, it generates consistent revenue and has excellent growth potential. Don’t miss this chance to acquire a profitable, eco-friendly business in a vibrant market.OPERATIONS: Under management.REASON FOR SELLING: Relocation.SCALABILITY: Massive market to grow and expand as construction industry is booming.PREMISES: Leased.TRANSACTION: Cash buyers only to enquire. (No seller finance)ACQUISITION VALUE:SELLING PRICE: R2,55m as a going concern PROFITABILITY:ANNUAL TURNOVER: R1 165,000AVERAGE MONTHLY TURNOVER : R97,000NET PROFIT (EBITDA) PER ANNUM: R400,000NET PROFIT (EBITDA) PER MONTH: R33,000INVESTMENT RETURNS:(EXCLUDING STOCK)PE RATIO: 6.3ROI(RETURN OF INVESTMENT): 16%MPB(MONTH’S PAY BACK): 75ASSETS:MARKET VALUE: R1,6mASSET VALUE RATIO TO SELLING PRICE: 64%
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