02/08/2024
📌ELECTRICAL WHOLESALER - BUSINESS in UITENHAGE that is FOR SALE 📍for
R 1’500’000-00 plus stock if the stock amount requested by the prospective purchaser, exceeds the stock amount of R200’000-00, that is included in the selling price of R1’500’000-00 and ASSETS for an amount of ± R475’500-00, is also included in this selling price.
The Profitable Electrical Wholesaler business in Uitenhage is available at R 1’500’000-00 and INCLUSIVE of R 200’000-00 stock , that is hugely beneficial for the new business owner (it actually reduces the selling price) PLUS ASSETS of ± R 475’500-00, is also included in the selling price, (vehicle included in the asset list ).
The business will provide the new owner with an above market related Return on Investment ( R O I ) of 77.082 % from the average R 86’ 352.00 monthly operating profit or from the annual operating profit of R 1'036'224.00 {{ EBPIDT, Earnings Before Proprietors Income, (wages or drawings) Interest, Depreciation and Taxes }}.
Any potential buyer who is the owner of a business that provides a R O I of 77.082 % from his business purchase investment, will be able to recoup his business capital investment in ± 17.36 months, which is a very favorable positive time period, to recoup a business purchase investment, as opposed to industry standard of ± 36 months x average monthly operating profit = selling price.
The wholesaler business is a leading supplier of electrical products and other products from reputable manufacturers and brands. They supply products to electricians and building contractors, retail outlets, property developers and to the local community, for ± 13 years. They have experienced staff that have strong product knowledge and understand each product’s features, allowing the business to present the best suggestions and solutions to all the customers’ with electrical product requirements.
The business products are SABS quality approved products, from reputable importers and manufacturers. The product range includes electrical cable, electrical distribution, lighting supplies, surge protection, wiring accessories, contracting items, security and emergency supplies, electrical hand tools, power tools, electrical test equipment, solar panel systems, inverters, 12 Volt inverter batteries, electric motors and air conditioners, etc.
This annual sales in this business increased year to year from the 2021 / 2022 / 2023 tax years and supplementary potential growth can be increased.
The Seller’s CA(SA) will verify that the financial information provided to any potential buyer during the potential buyers Due Diligence process.
The business operates at normal office hours from Monday to Friday and close at 13H00 pm on a Saturday.
The Seller will be available for 60 days on a “free of charge” consultancy basis to assist the new business owner, as from the takeover / effective date and still provide assistance after the initial 60 day period.
The Seller’s will provide important additional important information and documentation during an onsite meeting.
Should you have any questions, do not hesitate to contact me for further assistance.
Serious buyers, only.
Regards
-Gert Strydom
-IBM Business Brokers / Port Properties
đź“©: [email protected]
📞072 179 4372