Established Agriculture Engineering For Sale

Business description

This is a well established agriculture engineering business that sells a wide range of capital plant to the farming, building, agriculture, civil contracting & forestry industries. They are ideally located in a light industrial area with visible signage & easy access from the main road. The target market covers the whole of the South Coast incl. the Transkei. In addition to the sale of capital plant & equipment the business offers a major spares & service operation from its premises.

Franchise terms

N/A

Property information

Real Estate:

Lease

Lease terms:

There is a new 5 year lease in place with 7.5% annual escalations.

Leasehold rent:

R190,944 per annum

Living accommodation:

N/A

Location:

South Africa - KwaZuu Natal - Lower South Coast

Premises details:

The premises are significant and comprise –
• A forecourt to display large capital plant
• A spacious quality showroom to display smaller capital items
• A significant Spares Counter and Department
• Workshops
• Lockable courtyard for plant awaiting servicing
• Offices, Toilets etc.
The building and signage is highly visible from main road.

Size in square feet:

TBE

Other information

Expansion potential:

• To expand both the product range and the generic customer base

Planning consent:

N/A

Competition / Market:

The competition is strong but market share ranges from 35 – 45% depending upon the product range under review.

Support & training:

Owner will provide support and training

Reasons for selling:

Personal

Trading hours:

Monday - Friday

Financing available:

N/A

Furniture / Fixtures value:

R620,397 (included in the asking price)

Inventory / Stock value:

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