40 Year Old Signage Business In Johannesburg For Sale

Business description

This business has been in the market collecting the cream of the customers available for decades. With the seller having passed the normal retirement age some time ago it is time to pass his legacy on to a younger and more energetic person to continue this strong brand and good work. Business priced to sell! Contact Nico for more information.

Property information

Real Estate:

Lease

Lease terms:

Negotiable, the seller of the business is also the owner of the property.

Leasehold rent:

R350,000 per annum

Location:

The business has been operating from its current site since inception. It is strategically positioned in the near East Rand.

Premises details:

Lease of the premises is R27,500/m with a 10% escalation. It has sufficient office and workshop space of approximately 1600m2 in total.

Business Operation

Expansion potential:

The possibilities are endless and are a factor of sales and advertising activities carried out by the business as well as aggressive quoting.

Competition / Market:

There are many larger and numerous smaller competitors in the market place. A very large pool of business therefore exists to compete for. The owner and two other sales persons are actively calling on existing and potential customers. Business is secured based on creative solutions, competitive quotations and quality work.

Reasons for selling:

The Seller is well over the normal retirement age and has experienced health problem in the past two years.

Trading hours:

08:00 - 17:00 Monday to Friday with overtime as and when required.

Employees:

30 persons

Years established:

40 Years

Other information

Furniture / Fixtures value:

R1,000,000 (included in the asking price)

Inventory / Stock value:

R30,000 (included in the asking price)