Verified Listing
Posted on March 23, 2021 / 194
Price : R650,000
Listing Type : Removals
Location : Durban
Ref. No : 2724
Year Established : 1939
Turnover : R 34 838 pm
Expenses : R 11 624 pm
Net Profit : R 23 214 pm
Asset Value : R 245 000

This is an efficiently run and successful furniture removal business serving KZN from the owner’s home office base in Durban. The owner is now planning to enter retirement after more than 40 years in hands-on control of the business, which he took over from his father who started it 40 years earlier. The business includes two quality, well-maintained vehicles, a 5-ton removable van specially fitted for furniture removals, and a drop side, long wheelbase, flatbed bakkie plus various tools and equipment and removal accessories associated with a prominent independent removal business. As the business operates on average just 10 days in the month, typical for furniture removals, this presents an opportunity for a dynamic new owner to increase capacity by 100% without increasing capital outlay. Average annual turnover: R420K, Average annual net income: R 275K. Fixed assets: approximately R275K. Asking price: R650K.

* Abel Acuna – LP – KZN North Coast