Property Description
About this Business:
The business provides the essential service of cleaning septic tanks and disposing of the waste at the municipal treatment works.
It operates in an area with a large and established customer base. Some clients requiring the service weekly, and others at least annually.
A truly recession proof business, when this service is needed there is no putting it off till later.
History: This business is well-known in its area, being in operation for longer than 15 years. It had the same phone number for the whole period, so virtually all residents requiring the service has the number on speed dial.
Staff: 2 Staff on the road with the owner managing the business.
Scalability & Opportunity: With the growth in the housing market in the Greater Mossel Bay area the number of potential clients is ever increasing!
Figures: Over the past 12 months: R1.7 m Revenue, Net Profit of R857k
Assets: Assets of R550 k is included in the sale.
Reason for Selling: Owner moving onto a new venture.
Selling Price: R1.1m
ROI: 81%