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REF 736

Price R25 Million (Negotiable)

Business Overview

An established and highly reputable piling construction company with a strong client base and proven track record. The business specializes in piling and foundation work, serving commercial and industrial clients. The company benefits from repeat business, with goodwill valued at R7 million.

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Reason for Sale: Owner retiring.

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Business Details

  • Business Name: Gauteng Piling

  • Nature of Business: Piling Construction

  • Ownership Structure: Private Company 

  • Registered Name: Gauteng Piling (PTY) LTD

  • Established in: 1996

 

Key Business Strengths

✅ Experienced Team: 6 key staff members handle full operational management.
✅ Minimal Owner Involvement: Owner only provides general supervision.
✅ Repeat Clients: R7 million goodwill value from existing customer relationships.
✅ Scalable Operations: Business is well-structured for growth and expansion.

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Operational Information

  • Number of Employees: 17

  • Business Hours: Monday – Friday: 7:00 – 17:00 | Saturday: 7:00 – 15:30 | Sunday: As Required

  • Monthly Rent: R57,000

  • Lease Deposit: R42,000

  • Management Available: Yes

  • Financial Statements Available: Yes

  • VAT Registered: Yes

  • Asset Register Available: Yes

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Financial Overview

  • Average Monthly Turnover: R2,500,000

  • Average Monthly Stock Purchases (COS): 25% of turnover

  • Average Stock @ Cost on Hand: Minimal

  • Average Monthly Electricity: R20,000

  • Average Monthly Salaries: R500,000

  • Other Monthly Expenses: Variable

  • Net Monthly Profit: 10% Potential

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Deal Information

  • Total Sales Price: R25,000,000

  • Stock on hand on date of takeover is Included in Sale

  • Assets Valued at R 25 015 990.00 is Included in Sale

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