Detailed financials available on request
This company, established in 1997, and based in the East Rand, supplies complete turnkey product packages to all businesses that are required to comply with the Occupational Health and Safety Act. Their target market range from listed entities, mines, government departments, state owned entities, hospitals, construction, manufacturing, SME's and the export market. They have won several International and Local quality and technical awards for their distinctive products and services. They have an experienced sales team that carry out assessments for clients ensuring compliance with grading and audits. Their unique one of a kind catalogue allows clients to select from more than 10,000 products. There are major growth opportunities in the industry, ranging from starting a branch network to franchising to the rest of South Africa, increased penetration in the mining and state owned entities through improved BEE credentials, and exploring the export market. The sale of this business is extremely confidential and more specific details will be made available once a Confidentiality has been signed and interested parties have been qualified for seriousness of intent and financial strength. Asking price is R5,570,000.00 excluding VAT,if applicable, and Stock. Average stockholding is R1,000,000.00. EBITDA 2017 : R 1,861,080.00. Return on investment is 33%, Payback 36 months.