Sectors / Category

Annual turnover

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  • Mandate: 31237
  • Added: 12 Mar 2018
  • 733

Software support & Development

Gauteng, Vaal Triangle
733
Mandate 31237
Added 12 Mar 2018
R 16,500,000* ZAR
Stock: R 0
Assets: R 500,000
R 131,667 ZAR
Louis Aucamp
(PRINCIPAL)
Aldes Pro
Gauteng
Summary

Specialised software development and support company servicing the panel beating industry.

Software support & Development
SELLING PRICE
R 16,500,000* ZAR
Stock: R0
Assets: R500,000
R 131,667 ZAR
Summary

Specialised software development and support company servicing the panel beating industry.

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Fully describe the business's activities?
A computer software company, specializing in the development of a customized Business Management System, including Workshop, Accounting, Payroll and other features Within the panel beating industry

How long has the business been established?
1991

How long has the owner had the business?
1991

How does the business operate on a daily basis?
Support of current client base Selling additional licenses Additional programming

How are the clients attracted to the business?
word of mouth

What Advertising/Marketing is carried out?
Word of mouth

Does the business have any contract work?
Yes gets requests for additional programming

What competition exists?
There are other software in the market with similar functionality but not as complete and integrated

What are the seasonal trends?
None

Are there up-to-date Management Accounts available?
yes

What Balance Sheet and Income Statements are available?
2016

What percentage of the business is cash/credit?
488 by debit order 42 by eft Auxiliary clients by eft

What is the age analysis of the debtors book?
30 days

How could the profitability of the business be improved?
Expanding the client database and also supplying the hardware for the programs

Is Seller finance available and for what amount?
Yes seller is prepared to negotiate on various ways of financing.

What is the total staff complement?
8

Give a breakdown of staff/ functions/ length of service?
4 support staff 2 agents 2 owners - programming and admin

Do any receive special perks or incentives?
no

Are they on contract?
yes

Do any have management potential?
no

How involved is the Owner in running the business?
100% responsible for all program development

What is the square meters of the business?
work from home

Do you require a licence?
no

What are the main assets of the business?
Software. 2 vehicles, office furniture and computers

Are any items not included in the sale?
no

How have they been valued ?
Owners valuation

Are they presently insured?
yes

Strengths?
the industry is very specialized and development of a competitive system is not really viable, since there are already a number of approved systems

Weaknesses?
The main focus is currently on maintenance of the current client base

Opportunities?
There is a lot of scope for new business in this industry

Threats?
Barrier to entry is difficult

What is the reason for the sale?
Partners want to retire

Why is this a good business?
The business has a stable client base. New entrants needs industry approval Lot of scope for new business in the industry

What is the price plus stock and the net profit?
Sale price R16 500 000 Receives monthly income of R350 000 from the current maintenance contracts, after support cost R131 000 income

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FRANCHISE DETAILS

Aldes Pro

2 members
22 active mandates
Gauteng
Malcolm Road
0000

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