Budget search
Businesses under R2 million
Under R2 million, buyers are usually looking at owner managed service, retail, car wash, online or smaller food businesses. The main risk is owner dependence, so proof that customers, staff and lease terms can transfer matters as much as the asking price.
How to assess this budget band
- Confirm profit after a market related owner salary.
- Check whether the buyer needs extra working capital after transfer.
- Review lease term, staff stability and whether key customers will stay.
- Use seller handover as a condition where the owner runs daily operations.
Confidential listings in this range
- Profitable car wash and valet site near office parks, R1.35m, Sandton