Suppliers of all Tools, Specialising in Plumbing For Sale

Description

This specialist supplier of tools, with emphasis on plumbing, wholesale and retail, is well located in the heart of the Johannesburg CBD and has been operating for over 20 years. The business has a loyal customer base and a solid reputation, particularly within the local plumbing industry.The company supplies a mix of commercial property managers, trade customers, and walk-in clients, largely driven by word of mouth. It is known for maintaining stock when competitors do not, as well as delivering reliable service and on-time supply.Key clients include Olitzki Property Holdings, Zahavi Estates, Ellis Park Stadium, Sandton City, and various old age homes on the East Rand, among others.Sales are typically split as 30% card, 10% cash, and 60% account sales. Purchases are mainly made from manufacturers and distributors, mostly on 30-day trade terms with a 2.5% settlement discount, while some stock is purchased on a COD basis to take advantage of special offers.The business employs nine staff members, including a driver and three counter staff. The premises are well established, centrally located, and fully fitted with shelving, racking, and displays. The property is supported by solar power and a backup generator for load shedding.Annual sales have remained resilient, growing from approximately R12 million post-COVID to around R16 million in the latest financial year.The business supplies a range of plumbing, steel, hardware, and tools, and is known for sourcing and supplying required items efficiently when not immediately available in stock. It is a well-run, profitable operation with a strong reputation in its market.