Total of 18657 firms and businesses for sale today Friday 29th March 2024
Time to Sell or Time to Buy !

Business For Sale. Kzn Roofing Specialist:

LISTING DETAILS
Firms For Sale ID:
32076
Vendor reference:
12947
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$1,500,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Specializing in Roofing, waterproofing, old roof refurbishment and new roof installations, this business (a certified asbestos contractor) is well know and was first established in 1998.

It is the supplier and applicator of Thermal Heat Barrier coatings to roofing for Industrial and Commercial buildings and boasting a high profile of Corporate Blue Chip companies.

The business is run by the Seller who manages all technical queries, tenders, quotes and client relations while two site supervisors in conjunction with their respective 6-men teamâ??s work and project manage the contracts and report to the owner. Office administration is managed by 2 admin assistants and most (f not all) staff have been with the company for periods of between 8 to 15 years.

The two teams are assembled and taken to site on a 5 day week where the operational work is activated. All staff are trained and managed by supervisors and the company is known as the Thermal Heat Barrier Specialists, throughout the KZN Province.

The business produces pre-tax profits in excess of R800k per annum and all Financials can and will be verified by audited Financials, VAT returns and bank statements. An asset register will be made available to serious buyers and all assets are well looked after and in excellent working condition.

The business has scope for expansion and growth and is listed at R1.5 million (excluding stock of +/- R10k) offering a 53% return on investment and/or a 22-month payback.

For more information on this solid, profitable business opportunity, kindly contact the listing Broker.