This extremely profitable business, succeeds because of its excellent service, stock availability, top staff, loyal customers and because it has a reputation built up over the last 20 years. We are valuing the business based on a P/E of Two, based mainly because of the current challenging times in South Africa, and the world, despite the fact, that this business should be selling on a P/E of Four, based on the above facts.
Net Profit for the last year = R 3,056,000
x a P/E of 2 = Value = R 6,1 million.
Including stock of R3.2 Million and Assets of R800, 000.
Equals a total real value of R10 million.
This is Real value and an opportunity not to be missed.
Price: business selling for R6 million including stock & assets
Property selling for R5.4 Million
Or business and property for a quick cash sale of R10.5 Million!!!!!!!!!!!!!!!!!!!!
If interested, please contact us
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