Asking Price

R 6,690,000

Annual Turnover

R 2,895,572

Monthly Cash Flow

R 81,536

Services

Hire/Rent

Ref: 3309

Leading Tool and Equipment Hire Business

Western Cape (WC - Garden Route)

Opportunity to acquire a leading tool hire business in the Garden Route, Western Cape, South Africa. This tool hire business is based in the Garden Route and is leading the market as a well-known light equipment rental solutions provider, with quality equipment and it is known for personal service. The business has shown a good profit in spite of the challenges Covid has put on all businesses. No matter how big or how small the project, this company is located in the industrial area and positioned to support the needs of a wide selection of commercial and private customers. The business has competent knowledgeable staff offering outstanding service. , They have a good range of equipment which is regularly serviced to ensure all tools rented are in good working order. All equipment is of high quality, and repairs are done on-site by skilled professionals. The asset value is more than R3mil. The business has been operating successfully for multiple years by the same owner and has established itself as the leader in the industry. It has proven its sustainability in the industry, being the preferred supplier for many clients in this coastal town. Tool and equipment hire businesses are very lucrative since the equipment continues to earn income for many years. The asking price excludes VAT and includes assets at a realistic secondhand value of more than R3mil.

X

Please enter your details and page to below your contact details. Click on the “I agree to the Confidentiality Agreement” button to digitally sign the Confidentiality Agreement. You will receive further details on how to access the confidential business profile via email.

Select Regions
Select Industries

Confidentiality Agreement

In consideration of Businesses4Sale South Africa entering discussions relating to the possible acquisition of an interest in a business on my behalf, I hereby agree as follows:
  1. I hereby give my consent for the processing (use) of my personal information by Businesses4Sale South Africa to assist me with the purchase of a business or property.
  2. Not disclosing any information, including that the business is for sale and to treat as totally confidential the identity of each business quoted to me and any details as to its operation or financial accounts.
  3. Taking all reasonable precautions to protect the confidentiality of information made available to me in the course of any negotiation and eventual transaction.
  4. That all information is received for no other purpose than the evaluation of the investment potential of the business.
  5. Not to disclose the identity or any details of the operation or financial accounts to any third party (except my accountant or legal advisor who shall agree to respect this requirement for confidentiality) unless expressly authorized in writing by the Vendor or his agent.
  6. Not to approach any Vendor of any business quoted to me by Businesses4Sale South Africa or its staff, customers, or suppliers without prior arrangement with the Seller or his agent and to refer all queries through the relevant Businesses4Sale South Africa representative/agent.
  7. I accept that all information was presented to me/us in good faith and that I cannot hold Businesses4Sale South Africa or its agents liable for any inadvertent deviations or inaccuracies.
  8. I accept that I am responsible for verifying facts and figures to satisfy myself, as to the accuracy of information during any due diligence I/we may choose to carry out.
  9. For the purpose of this agreement the “Confidential Information” means any idea, concept, data, document, drawing, schematic, business, technical, financial, operational, administrative, marketing, economic and other information and material of a proprietary nature, about or concerning or relating to the business whether in oral form or in the eye, machine or electronically readable form and includes information and material contained in any memorandum, report and/or other document prepared for either party hereto by a third party.
  10. In the event that a suitable business opportunity is found in using the services of a Businesses4Sale South Africa and in the subsequent event that I should wish to present an offer to purchase such business, then before the commencement of the “Offer to Purchase” process, and should I be called to do so, I agree to willingly submit a consumer credit report.
  11. If I decide not to proceed with the investment, I agree to immediately return to Businesses4Sale South Africa all written information supplied and retain no copies.
  12. I agree that, in the event of a breach of trust in the above, the Seller can take whatever action they deem necessary to recover any cost of damage caused by such breach.
  13. By my signature hereto, I attest that all the above information is true and correct. I request that Businesses4Sale South Africa add me to their database to facilitate the receipt of direct marketing notices of any new business opportunity listings that might meet my investment criteria.
  14. This consent is furnished on the condition that my personal information shall be used and processed under the Protection of Personal Information Act.
  15. Please note: Proof of funds will be required before release of financials and start of the due diligence.

Please wait while loading

Thank you for your valued enquiry.

We already have your details, so please expect the listing broker to contact you shortly.

To continue your search for more businesses for sale, please login to portal.businesses4sale.co.za

Thanking you,

Businesses4Sale Support Team

Thank you for your valued enquiry.

You will receive an email with a one-time link to the Businesses4Sale portal where you can view more details online about this business in your own personal data room. Please check your mailbox now!

Thanking you,

Businesses4Sale Support Team

Share on facebook
Facebook
Share on linkedin
LinkedIn
Share on whatsapp
WhatsApp
Share on twitter
Twitter
Share on email
Email
Share on print
Print

Business Support Toll-Free Number:  087 820 4600

Businesses4Sale’s Business Professionals are here to offer Free Business Support.

We’re all in this TOGETHER.  How can we help you?