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Business description: This business comprises of three income generating divisions that have excellent synergies with one another: selling, renting out and repairing a range of power tools and equipment. This business is renowned for their high quality and specialized, branded equipment and tools and they own a few well known brand agencies. Clients from a range of industries hire, purchase or repair their tools and equipment here.
Business has been trading successfully for +-30 years and has a great reputation in the industry.
The premises are located in popular industrial area. Premises owned by same owner and for sale at R16mil.
This business has been trading successfully for three decades and has proven its sustainability in the industry, being the preferred supplier for many clients.. These type of businesses are very lucrative, since the equipment continues to earn income for many years. It has a high entry to barrier and with existing agencies and distribution agreement in place, this business is well suited for continued success and growth. The operations are supported by a good manager and experienced, skilled staff.
In addition to the business, a purchaser also has the opportunity to buy the property (business premises), which is located in a very sought after industrial area.
900sqm (the rest of the building is being let out to other tenants)
Yes, good expansion potential.
There are competitors in the industry, however not with all the Brands this business have distribution rights to.
Owner wants to retire
6 days a week
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