Established Electrical Wholesaler for sale

R10,000,000total price

30 YEAR ESTABLISHED ELECTRICAL WHOLESALER FOR SALE

This is an excellent opportunity for a younger buyer to step in and continue to grow this business although it is already VERY successful and profitable

The owner is willing to do extensive Hand over and training and provide guidance in terms of growth avenues

Situated in Kensington, our premises are 1200 square meters.

Suppliers of Domestic and Electrical Equipment, Power Tools, Pool Equipment and other various Hardware Supplies, our stock holdings at present are R1,8m.

We can therefore offer our customers a 1-hour delivery period for breakdowns and should we, however, not have a particular item in stock, duration of up to 24 hours is allowed for delivery.

Kensington Electrical prides itself in delivering with outmost respect, punctuation, Gratitude and quality.

We do offer a 24 hour breakdown service;

All our equipment is compliant to the Bureau of Standards;

We offer Accounts on 30 days less 2.5% discount;

Quality Assurance is taken seriously as Mr Moosa visits the premises of our suppliers to ensure that products are manufactured to the best of standards and specifications;

Our suppliers are contractually bound to allow access to their production areas for quality audits to take place;

All our goods supplied to our clients are guaranteed for 12 months; Faulty items will be sent back to supplier for testing and then replaced.

Free delivery

Open 6 days a week

AVERAGE EBIDTA FOR LAST 3 YEARS = R 3,475,062

Multiplied by P/E of 2 = R 6,9 MILLION Plus stock of R1,2 MILLION.

Equals to a REAL Value of R 8.1 million

BUSINESS SELLING FOR1/2 PRICE- R4.5 million plus stock R1,2M.

PROPERTY SELLING AT A REDUCED at R5.5 million