Established Building Material Distributor
About this business for saleEstablished Building Material Distributor
Great opportunity to purchase a well established and very profitable Building Material Distribution business. The business is well established having been in the game for almost 20 years.
The business is known for supplying quality products and offering a great service. The business is well staffed with competent team and has a well setup warehouse and yard from where it operates.
On offer is both the business and property from which it operates. The asking price for the business is R5,400,000 (Excl. Vat and Stock) and for the property is R5,350,000 (Excl Vat). The Sellers are also willing to just sell the business or offer the property on a long term rental with a 1st option to purchase. The business showed a Net (EBPIDT) of over R2,000,000 for the 2017 Financial year.
The business thus offers a very good return on investment of 37%.
The business represents many reputable manufacturers and is thus able to provide their clients with a quality product at a good price.
This well established business with its strong knowledgeable staff component is a great opportunity for a buyer looking to enter into or expand in the building supply field. The business also has many opportunities for further growth which the sellers would be happy to discuss with serious able buyers.
For more information on this business please contact the listing broker – Greg King (084 556 6166)
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.