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Networking And IT Specialist With Contracts In Cape Town For Sale

Cape Town, Western Cape, South Africa
Asking Price:
R10,800,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R11,000,000
Cash Flow:
R3,400,000

IT specialists in network maintenance, suppliers of hardware and software solutions, VOIP solutions, Anti-virus solutions, backup solutions, data recovery, printer repairs, and suppliers of printer’s consumables.

More than 50% of revenue is collected from monthly debit orders. The underlying contracts
are annually renewable. The book is growing every month and contracts are seldom
cancelled because of the convenience and importance of the services.

The balance of the revenue comes from hard- and software sales and special services

Property Information

Real Estate:

Lease

Lease Terms:

Can negotiated (property is owned by Sellers)

Leasehold Rent:

R210,000 per annum

Location:

Cape Town Western seaboard close to suppliers, serving the greater CT area

Premises Details:

Property owned by Seller (can also be bought)

Business Operation

Expansion Potential:

Increase number of monthly contracts, i.e. by sending reps on the road or offer more services to existing clients

Reasons for selling:

Emigration in 2021

Trading hours:

8:00 AM to 5:00 PM weekdays, standby on weekends

Employees:
9 including two owners
Years established:
19 years

Other Information

Support & training:

extended hand over period can be negotiated

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

To be negotiated

Furniture / Fixtures value:
R450,000 - included in the asking price
Inventory / Stock value:
R50,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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