Total of 18657 firms and businesses for sale today Thursday 28th March 2024
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Business For Sale. Durban:w/sale & Distribution Of Security Products

LISTING DETAILS
Firms For Sale ID:
32077
Vendor reference:
12948
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$1,500,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
This Durban North based business has been operating for the past 18 years having first been established in 1994.

The core business is in the supply and distribution of security related products to the trade throughout KwaZulu-Natal. The primary customer is the installers of gate and garage automation, CCTV Equipment, intercom systems and Electric fencing.

In the first year of operation, the businesses income was +/- R650 000.00. Current annual turnovers are nearing R4.2 million which is indicative of the growth, future potential growth and demand for products of the nature traded here.

The business has huge potential for growth by expanding the product range to include alarm panels, tasers, air rifles, pepper sprays etc. and this, direct to the retailer. Growth can be further enhanced if a Purchaser was to consider taking on one or two sales/marketing Representatives.

The business is ideally positioned within a top national branded Hardware retailer as a concessionaire and as such, enjoys a captive market in terms of retail sales not to mention the obvious benefit of exposure to the relevant trade in general.

The business is priced at R1.5 million excluding +/- R200 000 in stock at cost. With monthly profits (before interest and tax) of > R56 500, this represents a R.O.I. of 40% and/or a payback of 30 months.

Assets are valued at +/- R75 000 and include a Ford Bantam bakkie which is unencumbered.

Should you be interested in this viable business investment, please contact the listing Agent.