Price Reduced Boating And Outdoor Centre In Durban For Sale

Business description

An exciting business lifestyle awaits you as owner of this top outdoor centre that specializes in sales, service, and repairs of boats, jet-ski's, outboards and quads that nets above R92 000 pm. The business is manager run with highly qualified staff in the workshop. An excellent up-to-date and interactive website accounts for some 20% of the sales.

Well established and known name; excellent after-sales service; large variety of products and service.

Recently new moulds have been obtained for the in-house building of twin hulled sea boats, with orders coming in quite fast and profits being good hereon. Staff have already built two and are up-to-speed with process. Exports are very possible. The same applies in totality to jet-ski pod moulds.

Property information

Premises details:

Lease for the some 1 500m2 runs until 30 April 2012, which may be extended at some 10% escalation pa.

Size in square feet:

1 500

Planning consent:

n/a

Business Operation

Expansion potential:

Firstly, every year has shown an increase in sales. Secondly, expand manufacturing and exports; obtain more agency licences; and Franchise the business. New boat building and jet-ski pod manufacture has just been introduced by acquiring moulds.

Competition / Market:

The existing competition (4) have a smaller product range and are not as well known across the industry, and doesn't manufacture boats.

Reasons for selling:

Owner to emigrate

Trading hours:

8h00-17h00 M-F (13h00 on Sat)

Employees:

17 : Office; Sales; Spares; Worshop; Fiberglass section : 6 months to 8 years. 2 very senior managers.

Years established:

13 years

Other information

Support & training:

Owner will assist in training, and introducing to clienst and suppliers. However, 2 most senior managers are extremely capable of running the business.

Furniture / Fixtures value:

R1,162,000 (included in the asking price)

Inventory / Stock value:

R400,000 (included in the asking price)

Relocatable:

This business can be relocated.