Details of Service Type Business Business for Sale in Pietermaritzburg| BizNet

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Business Details

Service Type Business

REF: BIZ78970

Listing Date:	23-03-09	Turnover:	R 4 000 000
Asking Price:	R 2 000 000	Annual Gross Profit:	R 0
Property Included:	No	Annual Net Profit:	R 780 000
Category Description:	Retail Office Equipment
Lease Term:	3 years with an option of a further 3 years

Lease Details:
Rental Amount:	R 12 000

Staff Details:

No Full time Staff:

10 (Inclusive of 2 owners)

No part time Staff:

Reason For Selling:

The one partner wanting to retire

Business History:

The business was started by the partners in 1999

Turnover Details:

Last year they turned over R 4 000 000

Asset Details:

The price includes 3 vehicles, fixtures and fittings and all office equipment

Working Capital Requirements:

R 150 000

General Comments:

The business has three components to it, they are the sale of new equipment, the repair of equipment and the equipment rental