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Plumbing Service Business In Struisbaai For Sale

Struisbaai, Western Cape
Asking Price:
R3,200,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R5,328,882
Cash Flow:
R1,011,093

This Business provides plumbing services to the public. They are also contracted to Insurance companies and to various corporate sectors for supplying, installing and servicing of all plumbing products, including Solar products, Heat pumps, general geyser and all other related products. They also do water leak detections and repairs on these products.

The business was established 16 years ago.

The business is listed with all major insurance companies as preferred supplier and they receive a lot of work through these companies. They are also a preferred supplier with a large number of corporate businesses and all banks for plumbing requirements for their buildings and new developments. Furthermore, they have a very loyal private client base in the area and referred business is generated by word of mouth.

Property information

Real Estate:

Lease

Leasehold Rent:

R50,000 per annum

Location:

This business was established 17 years ago and has a well known location in this town

Premises Details:

Premises next to a residential home, which can also be acquired if needed.

Business Operation

Expansion Potential:

Expanding the solar water heating, doing large tenders, opening another branch.

Competition / Market:

There are a few "one-man-operators" in the area, but none can supply the complete service compared to this business.

Reasons for selling:

Owner has other business interest that he wants to pursue.

Trading hours:

24 HRS standby, but office hours Monday to Thursday 07H30 to 17H00. Fridays closing 14H00 as plumbers work in their tea time and 30 min lunch time to compensate for that

Employees:
11 including office staff
Years established:
17 years

Other Information

Support & training:

Owner will stay on for some time to help with training and introduction to client base.

Furniture / Fixtures value:
R218,500 - included in the asking price
Inventory / Stock value:
R25,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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