Established Towing and Transport Business For Sale

Eastern Cape

R 2 500 000

Financial Information

Detailed financials available on request

Great opportunity to buy a long Established Towing and Transport business for sale. The business is located in a coastal city of the Eastern Cape and has come onto the market due to the sellers desire to retire and travel. This long established Towing and Transport Business has a strong loyal customer base. The business has a small fleet of well maintained trucks and these are operated by a small team of long standing staff. The asking price for the business is R3,500,000 Excl Vat. This includes the full assets of the business which have been valued at over R2,200,000. The business has consistently posted a Net EBPIDT of over R1m per annum. This offers a strong return on investment. The property from which the business operates is also available to purchase, alternatively the buyer can enter into a lease agreement with the seller to rent the property. The business is well managed and systemised. Several opportunities exist to expand the business and increase its profitability which the seller is happy to discuss with potential buyers. For more information please contact the listing broker - Greg King - 084 556 6166 Ref: ET00047 Timestamp: 20180608054543