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!!!!!!!!!!!!!!!!!!!!
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