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Business description
The current owner bought the business and took over from 1st.January 2012. Since taking it over he has for personal reasons decided he is not able to continue running it (time/distance/family)and wishes to resell. The previous owners he bought from would still be prepared to assist a new buyer with technical support during a handover period.They had the business for two years.
The business imports ice making machines of various sizes and rents them out to Pubs,Restaurants, B&B's,Hotels, Companies , Sports Clubs and in fact anyone who has a need for ice.
There is a real need for the service, it is easy to run, with a large untapped customer base.
Property information
- Location:
- Durban North, KZN, SA
- Premises details:
- Operates from home/garage
- Size in square feet:
- n/a
- Planning consent:
- n/a
Business Operation
- Expansion potential:
- Vast.The market is untapped on a National basis.There is also scope for renting machines to emerging and previously disadvantaged entrepreneurs who could manufacture,pack and sell the ice in Shebeens and Clubs in the peri -Urban areas.
- Competition / Market:
- The company is the only one nationally that offers rental options. There are many other companies that sell the machines.but these can range in price from approx R15,000 - R40,000 per machine
- Reasons for selling:
- The latest owner feels he has taken on too much of a responsibility as his construction business in Gauteng demands most of his attention. He was hoping to exit from that business and move to KZN but his wife has had a change of heart.
- Trading hours:
- Normal business hours
- Employees:
- There was only one staff member, the Technician who had been with the recent owners for two years. The current owner as per the agreement of sale is still receiving technical support.
- Years established:
- 4
Other information
- Support & training:
- The previous owners he bought from would still be prepared to assist a new buyer with technical support during a handover period.They had the business for two years.
- Furniture / Fixtures value:
- R300,000 (included in the asking price)
- Inventory / Stock value:
- R400,000 (included in the asking price)
- Relocatable:
- This business can be relocated.