Business Summary

This landmark business in the gas industry was bought by the current owner in 1990, and many years in operation before that is for sale for little more than its inventory and asset value.

The owner is well past retirement age, wants a lifestyle change, and wishes to sell the business to a younger, more energetic person who can take advantage of their excellent trade name and standing in the market.

They sell gas burners, stove tops, gas heaters, ring burners, primus stoves and all related fittings and accessories like regulators, hoses, primus spares, brass pieces, manifolds, mantles and wicks.

They do not sell to the major chain stores but have a significant customer base of independent dealers and retailers throughout the country.

The business has provided the owner with significant income over the last 34 years. Advancing age and loss of interest have seen the total revenue decline from around R15m p.a.to around R13m in 2024. The business would be ideally suited to a younger, more energetic person willing to put in the effort to drive sales up to previous levels or way past it, or a business in the industry for whom this would be a good fit.

The business is for sale for R1.0m plus inventory of about R5.0m as of 28 February 2024. Accounts receivable of about R1.0m can be collected by the owner or taken over and paid to the owner. The owner would be willing to negotiate to facilitate a quick handover.

The property they operate is for sale in a separate transaction, can be rented from the owner or the business can be relocated.

Please contact us for more details.

Property Details