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retail

Mandate 2158

R 15,300,000.00

Electrical Wholesale Business – started by the current owner in 2009 and grown to a successful multi-million rand company. The business supplies electrical goods wholesale to corporates and trade, as well retail end consumers. Sale includes the building valued at R 3 million, 6 vehicles, and various fixtures, fittings, and machines. Great opportunity to extend the offer into plumbing – huge demand. This is a fantastic business with enormous growth potential.

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Product Description

Broker name: Troy Maidwell
Broker Contact: 0825729184
Broker Email: troym@renwickbusiness.co.za
Mandate number: 2158
Category: Retail
Location: Sandton
Year Established: 02/01/2009
Number of Employees: 6 staff
Hours of Operation: 8:00 – 17:00
Lease Term: Property is included in the sale, thus no lease required.

Movable Asset Value: R 0.00
Stock Value: R 3,500,000.00
Average Monthly Turnover: R 1,207,364.92
Average Monthly Expenses: R 50,447.00
Average Monthly Net Profit Before Tax: R 245,813.92
Asking Price: R 15,300,000.00

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