Property Description
ABOUT THIS BUSINESS: Well known laundry at the perfect location.
OPERATIONS: Owner managed with excellent staff.
REASON FOR SELLING: Relocation.
SCALABILITY: Massive market to grow and expand.
PREMISES: Leased.
TRANSACTION: Cash buyers only to enquire. (No seller finance)
ACQUISITION VALUE:
SELLING PRICE: R875,000.00 as a going concern (NO VAT)
STOCK VALUE: R5,000.00 (estimated)
TOTAL ACQUISITION VALUE (INCLUDING STOCK): R880,000.00
INVESTMENT RETURNS:(EXCLUDING STOCK)
PE RATIO: 2.7
ROI(RETURN OF INVESTMENT): 37%
MPB(MONTH’S PAY BACK): 33
ASSETS:
MARKET VALUE: R383,000.00
ASSET VALUE RATIO TO SELLING PRICE: 45%
PROFITABILITY:
ANNUAL TURNOVER: R889,000 (12 month ave)
AVERAGE MONTHLY TURNOVER : R74,000 (12 month ave)
NET PROFIT (EBITDA) PER ANNUM: R317,000
NET PROFIT (EBITDA) PER MONTH: R26,000 (12 month ave)