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MACYOUNG: Earthworks and Transport Company in Garden Route

R 1,650,000
Deal of the Week

Overview

Property Description

About this Business: This business specialises in Earthworks and the Transportation of material removed and used on site.

 

History: This business was established in 2016 and operates profitably under management of the establishing owner.

 

Staff: No staff, this husband and wife team runs a tight ship. The current owner is willing to stay on for a pre-determined period of time to assist with handover to new owner.

 

Scalability: This business is extremely scalable as for the scope to branch out and take on additional work loads. The current customer count exceeds 53 regular clients.

 

Figures: Annual revenue for 2023 circa R720k. EBIT earnings to be discussed as expenses are minimal.

 

Assets: The asset inventory is valued at R735,000. (44% asset value!)

 

Reason for Selling: Owners to venture into a new business opportunity.

 

Selling Price: R1,650m

 

ROI: 30%!

Property Id : 3193
Price: R 1,650,000

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Zenita De Villiers [MacYoung] Business Practitioner