Property Description
About this Business: This business specializes in the Supply, Service and Installations of Solar products, Water Pumps to name a few. The business has a regular and loyal client base . The company is well known to the locals.
History: The current owner has over 50 years’ experience in this field and willing to share his knowledge, skills and client base with the future owner.
Staff: Labourers are in place although the owner is still hands-on and does most of the electrical work himself.
Scalability: This business is extremely scalable and have ample room for growth and expansion. Even a possibility to branch out due to the volume of work available in the local area.
Figures: Annual revenue exceeded R3,7mil for 2023.
Opportunity: The opportunity presented is to buy in at 50% and learn with the current owner until you are ready to take over the full business and service the client base. You must have a valid “wireman’s ticket” and be able to sign of COC’s. The current owners would like to stay onboard for two years to make sure it’s a smooth transition.
Assets: Assets included in selling price.
Stock: +-R100,000 included
Reason for Selling: Retirement,Medical.
Selling Price: R1,3m