Verified Listing
Price : R2,000,000
Listing Type : Hardware
Location : Durban
Ref. No : 2792
Year Established : 2002
No. of Employees : 17
Trading Hours : Mon to Fri 7:30 – 16:30 and Sat 8:00 – 12:30
Lease Term : Exp. June 2024
Turnover : R 990 000 pm
Cost of Sales : R 608 555 pm
Expenses : R 341 445 pm
Net Profit : R 40 000 pm
Asset Value : R 750 000
Stock Value : R 975 000

This is a well-established Durban-based board, timber and hardware retail shop, and DIY partner with a very good name and reputation in its market due to their excellent service over almost 20 years.

There is scope for expansion of products and range due to the size of their premises. Latest monthly turnover: R990K, monthly owners’ discretionary earnings: R40K. Assets value: R750K. Stock value: R 975K. Asking price: R 2m plus stock.

* Abel Acuna