Plant & Generator Hire Business In Northern Natal For Sale

Business description

Established in 1996, this business specialises in the hire and sales of mobile access platforms and electrical generators. The customer base is largely the bigger industrial and construction businesses in the area
and include; Scribante, Stefanutti, Richards Bay Coal Terminal, Foskor, Portnet the local
Municipalities and many more.

Marketing is done through the local press and ad mags. The businesss is very well
positioned to take advantage of good visibility form a busy arterial road.

Well positioned and established with a good delivery track record and some specialist
equipment.

Very well positioned in the CBD with good visibility and established markets. With proper
networking and marketing this business can grow to any level

Property information

Real Estate:

Lease

Lease terms:

The premises are owned by the seller and favorable terms can be negotiated

Leasehold rent:

R180,000 per annum

Location:

Very well positioned in the CBD with good visibility

Premises details:

The owner of the business owns the premises, so a suitable lease agreement can be
negotiated to suit the buyer. The starting rent will be R15 000 per month.

Business Operation

Expansion potential:

Very well positioned in the CBD with good visibility and established markets. With proper
networking and marketing this business can grow to any level.

Competition / Market:

There are a number of competitors in the industry but none on the scale as this business

Reasons for selling:

The owner is living outside the country and needs to focus on his new business he has started there.

Employees:

The business curently employs a manager, a marketing operations manager, bookeeper and counter sales, workshop mechanic, technician, driver and a technicians assistant. Monthly wage bill is about R37000 per month. However the manager will be leaving the business.

Years established:

This business was established in 1996

Other information

Furniture / Fixtures value:

R3,175,000 (included in the asking price)

Inventory / Stock value:

R100,000 (included in the asking price)