PLUMBING AND ELECTRICAL BUSINESS FOR SALE IN SOUTH AFRICA

PLUMBING AND ELECTRICAL" business for sale in Johannesburg.The owner operates the business on a daily basis, however the staff are able to operate independently. 95% of the turnover is from regular repeat work with blue chip customers.At the moment the business operates to capacity, thus no advertising is invested and the business comes through word of mouth and repeat business from existing customers. The business operates throughout Gauteng, as well as Mpumulanga and Limpopo. Monthly average turnover = R333K, with a monthly net profit before tax of +- R100K. All financials are in place. The premises are currently leased on a 3 year basis with a 7% escalation - renewal due September . The business employs 17 staff in total excluding the owner. This is a solid business with a good history and blue chip clients - with a branch operating in Cape Town, and JHB, national clients will be able to be offered a one stop service. Price is R2.9M with a monthly net profit of R100K this equates to a 40% ROI