Highly affordable liquidated goods for South Africa

Company "For Sale"

Lucrative transport company for sale. Established 1976. Company has been working for 34 years under contract for the same Puclic Company. Owner wishes to sell as he he 67 years old and needs to retire.

The fleet consist of 10 MAN mechanical horses with 16 and 18cub metre tipper trailers. Oldest vehicle in fleet is a 2001 model. Included in the selling price is workshop equipment, spares and accessories as well as an Isuzu KB 250 Ldv, all to the value of approx. R300 000,00. A full due diligence report, financial statements for the past 6 years as well as bank statements are available to serious buyers.

All assets are fully paid for and unemcumbered. This will be a purchase of shares transation and company shares will be transfered without any liabilities.

This is a rare opportunity to purchase a company with a good profit track record, a contract with a major public company, good and risk free cash flow and totally free of any liabilities at a price not exceeding the asset value.

Asking price R5 500 000,00 (R5,5mil)