WHOLESALE & DISTRIBUTOR GOLF CARTS MOTOR INDUSTRY – EAST RAND
SELLING PRICE: R 20 Mill
TURNOVER: R 40 Mill p/a
NETT PROFIT: R 7, 5 Mill p/a
STOCK: R 7 Mill
DESCRIPTION: Founded in 2006 in Johannesburg, this privately owned Distributor has become the largest dealer and sole distributor for both Motor / Electric Units in Gauteng. Products are assembled and the after sold outright or rented to their customers on a 4 year rental contract. Additional Income is generated via Sale of End of Rental Units as well as from maintenance contracts and spares. The business has approximately R 10 m of Assets on rental and carries both new and used units. This business is well established, well run with continuing growth and profits year on year. Consistent flows of cash on hand, makes this a low-risk acquisition for any Buyer. The Sellers are open to a 50% share sale with one partner staying on for up to a 3 period. They have an excellent reputation for a superior products and high standards of service. The Business offers highly skilled and trained staff often regarded as perhaps the best technicians in the field. Following their success in the sale, maintenance and servicing of Units they have also been offered accessory Distributorship of other product in a similar industry. They offer expert guidance, servicing, support, parts and custom solutions to their Customers.