Sectors / Category

Annual turnover

|
  • Mandate: 31347
  • Added: 25 Aug 2017
  • 1853

Advertising in Drs Waiting Rooms - Pretoria East

Gauteng, Pretoria
1853
Mandate 31347
Added 25 Aug 2017
R 660,000* ZAR
Stock: R 0
Assets: R 300,000
R 38,400 ZAR
Driekie Louw
Aldes Focus
Gauteng
Summary

Two Well Known Franchises in Prime Pretoria East Areas. Sell advertising space to a captured audience in a Dr's waiting room. Potential net income of R40 000 per franchise to be made.

Advertising in Drs Waiting Rooms - Pretoria East
SELLING PRICE
R 660,000* ZAR
Stock: R0
Assets: R300,000
R 38,400 ZAR
Summary

Two Well Known Franchises in Prime Pretoria East Areas. Sell advertising space to a captured audience in a Dr's waiting room. Potential net income of R40 000 per franchise to be made.

To gain access to more business info
please supply us with your details below

Fully describe the business's activities?
The business consist of two franchises in the prime Pretoria East area that sells advertising space on TV screens situated in Dr's waiting rooms.

How long has the owner had the business?
Owner bought the business in October 2014

How does the business operate on a daily basis?
Owner sold some ads part time until July 2016 when he became too busy with his other businesses and his wife took the business over. Franchisee to sell adverts to small businesses in their area.These adverts will be shown in selected Doctor waiting rooms. Adverts are viewed by a captive audience, which means the ad slots are very easy to sell. Franchisees are required to visit each site once a month to ensure the technology is still functioning correctly and to load the adverts onto the system. The clients may change their adverts once a month, and the franchisor does all the development and artwork for the adverts.

How are the clients attracted to the business?
Just started with a four page website about two months ago and owner is very happy with the results. He also has adwords setup but not going yet. The Franchisor has a website which also advertises each franchisee in their specific area. Head Office enquiries will also be allocated to the correct franchisee Franchisees can do local advertising in their area to attract more clients.

What Advertising/Marketing is carried out?
Business has a FB page that has generated good leads.

Does the business have any contract work?
Most clients sign up for one year and either pay over three months (to get a special price) or sign a monthly debit order.

What competition exists?
No competition that the owner is aware of.

Is the business VAT Registered?
Not needed, below the threshold.

Are there up-to-date Management Accounts available?
Seller has kept good records since he started but admits that limited involvement from his part can be noted in the figures. The income stated in this report is projected/potential figures for a franchise and not actual income for the two franchises for sale. Please contact your broker for more detailed information.

What percentage of the business is cash/credit?
Most of the clients pay the yearly advertising fee once-off by EFT or they will sign a monthly debit order.

How could the profitability of the business be improved?
FB lead generation courses. Utilizing the website. Owner involvement.

How involved is the Owner in running the business?
Owner is currently involved less than two hours a week. The franchise can be owner operated or a representative can be appointed.

When does the current lease end?
This is a work from home opportunity. You will meet clients at their offices.

What are the main assets of the business?
Laptop. 14 x 32 inch screens with their computers

How have they been valued ?
Owner assisted us with replacement value.

Are they presently insured?
Not currently insured as owner found that fixing the problems works out cheaper than the insurance. But an insurance amount has been included in the figures.

Strengths?
- Work from home opportunity - Low overheads and easy to manage business - Secured income and easy to sell products - Good systems and support from Head Office - Trusted Franchise and good franchise model - Good Income with limited owner involvement

Weaknesses?
Not enough owner involvement

Opportunities?
More advertising Employing a Rep

Threats?
None

What is the reason for the sale?
Owner is currently too occupied with his other companies and his wife is not interested in this business.

What is the price plus stock and the net profit?
Selling price of R660 000 excludes training from the Franchisor

Other listings by Driekie
R 1.90MZAR
Added : 26 Nov 2018 398
Yearly profit : R1,255,905
Gauteng
R 1.50MZAR
Franchise
Added : 22 Nov 2018 996
Yearly profit : R1,072,318
North West
R 2.99MZAR
Franchise
Added : 16 Nov 2018 235
Yearly profit : R844,390
Gauteng
FRANCHISE DETAILS

Aldes Focus

4 members
25 active mandates
Gauteng
282 Fremontia Street
0081

Our experienced cross industry brokers are
waiting to assist and guide you…

Similar Businesses for sale

Discover similar, inspiring businesses for sale

R 565KZAR
Added : 10 Jan 2019 112
Yearly profit : R455,029
KwaZulu-Natal
R 785KZAR
Added : 27 Dec 2018 188
Yearly profit : R248,221
Western Cape
R 860KZAR
Added : 20 Dec 2018 270
Yearly profit : R415,129
KwaZulu-Natal
R 650KZAR
Added : 3 Dec 2018 199
Yearly profit : R219,172
Western Cape
R 775KZAR
Added : 25 Nov 2018 369
Yearly profit : R315,192
Gauteng
R 900KZAR
Added : 22 Oct 2018 442
Yearly profit : R491,375
Gauteng
R 850KZAR
Franchise
Added : 7 Oct 2018 359
Yearly profit : R288,502
Western Cape
R 780KZAR
Added : 2 Aug 2018 582
Yearly profit : R707,212
Gauteng

Businesses in Gauteng

Annual Turnover Amount between R 500 thousand and R 6 million

R 500KZAR
Added : 23 Jan 2019 32
Yearly profit : R72,202
Gauteng
R 1.83MZAR
Added : 19 Jan 2019 142
Yearly profit : R928,728
Gauteng
R 1.85MZAR
Added : 19 Jan 2019 107
Yearly profit : R1,461,470
Gauteng
R 1.00MZAR
Added : 16 Jan 2019 183
Yearly profit : R340,727
Gauteng
R 650KZAR
Added : 10 Jan 2019 182
Yearly profit : R286,467
Gauteng
R 590KZAR
Added : 9 Jan 2019 137
Yearly profit : R93,456
Gauteng
R 350KZAR
Franchise
Added : 13 Dec 2018 513
Yearly profit : R211,595
Gauteng
R 990KZAR
Added : 12 Dec 2018 579
Yearly profit : R442,259
Gauteng