Ref. No - BFS00382
South Africa, South Africa CountrywideRef. No - BFS00382
Sector - Sales & Services
Summary
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
Give me more informationHow long has the business been established?
Since 2009
Is the business VAT Registered?
Yes it is VAT registered
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
How many employees?
5
How involved is the Owner in running the business?
On a daily basis
When does the current lease end?
Premises rented and option for renewal is in place
What is the reason for the sale?
Owner retiring
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