BUSINESS DESCRIPTION
This business is a highly competitive provider of quality and reliable plant hire, thus consistently satisfying the requirements and expectations of all of their customers.
This company offer Civil engineering services, plant hire - dozers, excavators, loaders, belly scrapers, tippers ,low-bed, compaction rollers, TLB's, various bakkies & concrete mixers.
The business started off as a family business in 1990 and the biggest market is in the Eastern Cape where the client base includes various big municipalities.
The property has 3 phase electricity, 2 boreholes and municipal water, security cameras and electric fencing. Asking price includes all assets to the value of ± R15,000,000 and exclude the property.
The purchaser will have the option to purchase the 4.3ha property as well at an additional R11m. It might be very beneficial for the owner of the business to own the property as well.
It will be beneficial for the new owner to be BEE or have a BEE partner as this will open doors to much more work in the area.
The asking price includes all equipment and excludes VAT.