Verified Listing
Posted on May 25, 2021 / 129
Price : R450,000
Listing Type : Health and Safety
Location : North Coast
Ref. No : 2748
Year Established : 2011
No. of Employees : 2
Trading Hours : 7am - 4:30pm
Lease Term : Aug 2021
Turnover : R 49 818 pm
Cost of Sales : R 5 411 pm
Expenses : R 23 532 pm
Net Profit : R 20 873 pm
Asset Value : R 87 800
Stock Value : R 24 560

This is a 10-year-old Health and Safety consultancy operating in the Ilembe district of the KZN North Coast. The company offers most of its services to contractors engaging with local and provincial government projects. The sole business owner believes that to increase the capacity of the business and grow, it needs additional partners for which she is willing to sell up to 60% of her shares.

The asking price is R450K for a 60% share in the business. Latest annual financials (Feb 2021) – Turnover: R600K and Net Income: R 250K.

* Abel Acuna – LP – KZN North Coast