Sectors / Category

Annual turnover

  • Mandate: 30592
  • Added: 12 Apr 2019
  • AFS
  • 137


Gauteng, Johannesburg
Mandate 30592
Added 12 Apr 2019
R 280,000* ZAR
Stock: R 0
Assets: R 400,000
R 11,792 ZAR
Steve Boardman
Aldes Central

The business hires out trailers, mostly large trailers and flatbeds. Profitable business with plenty of scope to grow with a large asset base.

R 280,000* ZAR
Stock: R0
Assets: R400,000
R 11,792 ZAR

The business hires out trailers, mostly large trailers and flatbeds. Profitable business with plenty of scope to grow with a large asset base.

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Fully describe the business's activities?
The business hires out trailers, mostly large trailers and flatbeds manufactured by the seller in his engineering business to SABS standards.

How long has the business been established?
Since 2013

How long has the owner had the business?
Since inception

How does the business operate on a daily basis?
The seller has a sales site on a very busy corner in an industrial area,

How are the clients attracted to the business?
The business is situated on a very busy corner in an industrial area on the East Rand, they have frequent repeat business and clients come from as far as Pretoria to rent their trailers some of which are large and quite unique

What Advertising/Marketing is carried out?
No formal advertising or webpage other than word of mouth and signage at the premises (which could be considerably improved)

Does the business have any contract work?
No but there are regular customers

What competition exists?
There are other trailer hire companies but few have their range of trailers

What are the seasonal trends?
Sales are fairly constant through the year

Is the business VAT Registered?

What VAT documentation is on file?

Are there up-to-date Management Accounts available?
The business records all jobs on job cards and sales can be confirmed there, expenses can be confirmed via the bank account

What percentage of the business is cash/credit?
All hires are COD with a deposit after credit verification

How could the profitability of the business be improved?
Improve the signage at the site and set up a web site to attract more business

Is Seller finance available and for what amount?

What is the total staff complement?
One full time on site plus the owner only when required

Do any have management potential?
The staff member runs the site and lives on the premises

How involved is the Owner in running the business?
Hardly at all

When does the current lease end?
Currently month to month

Is there an option of renewal & what period?
A new lease will have to be negotiated

What are the trading hours?
07h00 to 17h00 seven daya a week

What is the square meters of the business?
Approximately 200 square metres

Do you require a licence?
Trailers need to be licenced

What are the main assets of the business?
The assets of the business comprise trailers which range from a 6.2 metre flat deck with a 3000kg capacity and 6 metre 2000kg box trailer. There are a total of 14 trailers.

Are any items not included in the sale?
All the trailers are included but not the engineering workshop which is in different premises. The seller has the manufacturing rights for his trailers with the SABS

What is their overall condition?
Excellent and the seller warrants that he will repair any problems for a year (excluding wear and tear items such as tyres)

Do any require repairing?
No, normal maintenance

How have they been valued ?
Owners valuation

Which assets are on lease/HP and with whom?
No items on lease/HP

Wide range of larger trailers, from 2.4 metre box trailers to 6 metre trailers

No advertising, poor signage, unfortunately the owner spends little time on the business and turnover has dropped in the year to Feb 2019 as 3 trailers were disposed of and a number of other were off the road for maintenance

Set up a decent web site and improve the signage at the site,

None known

What is the reason for the sale?
Seller 68 years old and is cutting back on his business

Why is this a good business?
Wide range of trailers with a high asset value in an easy to run business

What is the price plus stock and the net profit?
Selling at R280 000 netting over R12000 per month with a high asset base

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Aldes Central

1 members
7 active mandates
Nillsord Avenue

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