Business For Sale in Hermanus

An opportunity exist to purchase awell-established waterproofing and painting business in Hermanus that has been built up and operating successfully for more than 2 years.
Established 2 years ago this well-entrenched and high generating ROI business is situated in the heart of the beautiful and sought after coastal town of Hermanus part of the Overberg in the Western Cape.
This is an ideal opportunity to start a new life in Hermanus the land based Whale viewing Capital.If you are a business-minded entrepreneur this an opportunity not to be missed!
Hermanus is +- 1.5 hour from the Cape Town Airport and 60 minutes away from Somerset West and only 20 minutes away from Stanford. Hermanus has earned a reputation as the best land-based whale-watching destination in Africa, if not the world. Hermanus is also known for its gourmet restaurants, world famous Hemel and Aarde Wine Farms, impressive selection of boutique shops and art galleries.
The ownerestablished this business 2+ years ago and has been owner run and expanded and grown within the Overberg Region for the past 2 years.The business provides a steadyrevenue streamthrough-out the year. This is a well-run business with a small staff component.
The business installs specialist waterproofing with professional care and supply areal guarantee. They do this by using eco-friendly and advanced acrylic polymer based products. Specifically designed and produced in South Africa for our harsh climate.The business is operating as a sole proprietor by the owner.
Products and services offered:
Products: Waterproofing of any roof surface Tiles, Metal Sheeting, Concrete & Asbestos Damp proofing Basement Waterproofing Balcony Waterproofing Roof Leak Repair Removal of failed torch-on and replacement with Sealtek product Written Guarantee On Installation & Products
Services: Waterproofing: Acrylic Polymer Based All types of Roof repair Waterproofing balconies Asbestos encapsulation Remove and replace failed torch-on
Location and industry info Area : Overberg, Wester Cape, Hermanus,Sandbaai Industry: Construction
Pricing info Asking Price:R 2,720,000 including stock. Excludes VAT. Inventory / Stock Value:Stock levels varies during the year linked to the seasonal trend. +- R 20,000 and R 100,000
Business info Years established: 2+ years Established year : 2022 Legal entity : Sole proprietor Trading hours:5 days a week -8:00 to 16:30 :Monday to Friday Employees:4 Support and training::Yes owner is available for 1 month for support and training Relocatable:Yes, the business can be relocated in the Overberg Region. Potential expansion of the business: add additional team or more than 1 teams Reason for selling: Health reasons
Business details Turnover:R 2,1m per annum Yearly Cash Flow:R 1,4m Value of assets:R 180,000 m included in the price(stock of +- R 25,000) Stock at cost : ranges between R 20,000 and R 100,000 (included in the asking price)
Property details Monthly rent:Not applicable Annual escalation:Not applicable Lease period remaining:Not applicable Size of the property:Not applicable