Verified Listing
Posted on April 8, 2019 / 45
Price : R6,546,000
Listing Type : Tech
Location : West Rand
Ref. No : 2537
Year Established : 2006
No. of Employees : 6
Trading Hours : 8am - 4pm
Lease Term : Premises Owned
Turnover : R 408 000
Expenses : R280 000
Net Profit : R128 000
Asset Value : R500 000
Stock Value : R1 201 000

This well established and profitable office automation business commenced trading in 1996.

The business contracts as a dealership for a premium brand which is well known in the sector, and derives revenue from equipment sales, consumable sales and equipment service contracts with corporates, schools and similar clients.

The business operates a recurring revenue model with contract term durations ranging from 3 to 59 months

Asking Price: R 6,546,000 as a going concern R3,245,000 + R1,201,000 (Stock) + R2,100,000 (Premises)

Andrew Fairlie – Ruimsig