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Service Type Business REF: BIZ80727  
Listing Date: 03-05-06 Turnover: R 1
Asking Price: R 670 000 Annual Gross Profit: R 557 000
Property Included: No Annual Net Profit: R 300 000
Category Description: Sale and Repair of Cleaning Systems
Lease Term: No Lease
Lease Details:
Rental Amount: R 2 500
Staff Details:  
No Full time Staff: 2 No part time Staff: 1
Reason For Selling: The owner is running 2 businesses at once. He has been offered big contracts in the other business and cannot do both
Business History:
 Since 1999
Turnover Details: R1,500,000
Asset Details: Full asset list available. Assets are valued at R202,503
Working Capital Requirements: As this deal includes stock the new owner will need very little capital depending on what he sells. It is estimated that at the most the new owner will require R30,000
General Comments: 3/4 of the business is down in Durban. The owner suggests that the new owner moves the business to the Durban area. He is willing to assist in setting up the business in Durban. The turnover can be increased considerably in Durban if an additional Rep and Technician
are employed. The owner is willing to assist the new owner for 3 months. This business has extensive maintenance contracts.
The price includes assets of R200,000 and stock of between R80,000 and R100,000
Listing Brokers Name: Gerard Ronan Branch: Midlands
Office Number: 033 386 6185 Email Address: gr@biz-net.co.za
Cell Number: 082 820 6770 Fax Number: 086 669 2004
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