Property Description
ABOUT THIS BUSINESS: A well-established portable storage and removal solutions business is available for sale on the Garden Route. This thriving operation specialises in household and office storage, vehicle/boat/trailer storage, professional packing, and local transport for small moves (houses and offices). It offers secure warehouse storage at its dedicated facility — operating at almost 100% capacity — along with full removal services supported by a fully equipped workshop, several trucks & trailers, and forklifts. With strong demand from residential, commercial markets and semigration, the business enjoys a loyal customer base, excellent reviews, secure facilities, excellent cash flow, and solid growth potential. A genuine turnkey opportunity in one of South Africa’s most desirable coastal regions.
OPERATIONS: Under excellent management.
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: R10,75m as a going concern/ zero VAT rate.
INVESTMENT RETURNS:(EXCLUDING STOCK)
PE RATIO: 5.5
ROI(RETURN OF INVESTMENT): 18,25%
MPB(MONTH’S PAY BACK): 66
ASSETS:
MARKET VALUE: R1,84m
ASSET VALUE RATIO TO SELLING PRICE: 17%
PROFITABILITY:
ANNUAL TURNOVER: R4,5m
AVERAGE MONTHLY TURNOVER : R380,000
NET PROFIT (EBITDA) PER ANNUM: R1,96m
NET PROFIT (EBITDA) PER MONTH: R163,000