Prime Transport, Storage And Removals Company For Sale

Description

Business type: portable storage and removal solutions

Location: Garden Route

Current status: established operating business

Services

• Household storage
• Office storage
• Vehicle storage
• Boat storage
• Trailer storage
• Professional packing
• Local transport
• Residential removals
• Office removals

Storage facility

Warehouse storage: available

Storage facility: secure

Current warehouse utilisation: near 100%

Premises: leased

Vehicles and equipment

Trucks: included

Trailers: included

Forklifts: included

Operational equipment: included

Workshop: fully equipped

Customers

Residential customer base: established

Commercial customer base: established

Customer reviews: described as strong

Recurring demand: existing

Operations

Management team: in place

Operating systems: established

Current management structure: established

Financial information

Annual turnover: R4,500,000

Average monthly turnover: R380,000

Annual EBITDA: R1,960,000

Average monthly EBITDA: R163,000

Selling price: R10,750,000

Sale basis: going concern

Going concern VAT rate: 0%

Asset value: R1,840,000

Asset value as percentage of selling price: approximately 17%

P/E ratio: 5.5

ROI: 18.25%

Payback period: 66 months

Transaction details

Reason for sale: relocation

Buyer type: cash buyer

Seller financing: not available

Expansion options

• Additional storage capacity
• Additional removal services
• Additional vehicles
• Additional regional coverage
• Residential customer growth
• Commercial customer growth