Plumbing & Construction Service

East Rand
Price : R 2,400,000
Listing Type : Plumbing
Location : East Rand
Ref No. : 2956
Year Established : 2020
No. of employees : 9
Trading Hours : 7am - 4pm
Lease Term : 12 months
Turnover : R 483 096 pm
Cost of Sales : R 241 751 pm
Expenses : R 138 638 pm
Net Profit : R 102 707 pm
Asset Value : R 76 467

An opportunity to acquire a well-established and recession-proof plumbing and construction business founded in 2020. With a strategic focus on providing customers with cost-effective solutions and addressing the issue of overpriced services in the industry, this business quickly expanded its operations. Having successfully secured a portfolio of large clients, the company enjoys a steady influx of work on a monthly basis, contributing to its financial stability and growth. The business is registered with reputable organizations such as NHBRC, IOPSA, and CIDB, reflecting its commitment to industry standards and quality.

Originally specializing in plumbing, this business diversified its services to include the construction and building maintenance sectors. As a “family-owned and operated company” with over two decades of combined experience in diverse industries such as oil and gas, electrical, construction, mining, and health and safety, this business is well-positioned to offer a comprehensive range of services. The business is characterized by a strong foundation in health and safety compliance, exemplary customer service skills, and a forward-thinking vision. These attributes not only enhance the value of the company to its existing customers and partners but also make it an appealing investment opportunity for potential buyers.

This business has a total of 9 staff members, who are fully trained and compliant. The owners are selling this business due to relocation and other business ventures. This business selling price is, R2 400 000 and it generates an average monthly turnover of R483 097, and an average monthly net profit of R102 707.

Due Diligence