Sectors / Category

Annual turnover

|
  • Mandate: 31370
  • Added: 03 Sep 2017
  • 1561

Niche Profitable Home Run business Negotiable

Gauteng, Johannesburg
1561
Mandate 31370
Added 03 Sep 2017
R 600,000* ZAR
Stock: R 0
Assets: R 143,000
R 19,152 ZAR
Frank Schrempel
(PRINCIPAL)
Aldes Orion
Gauteng, LynnwodRidge Pretoria
Gauteng, LynnwodRidge Pretoria
Summary

Niche profitable home run business that caters for kids, adults and corporates. This busines can be run from anywhere in the country and has huge scope to expand further.

Niche Profitable Home Run business Negotiable
SELLING PRICE
R 600,000* ZAR
Stock: R0
Assets: R143,000
R 19,152 ZAR
Summary

Niche profitable home run business that caters for kids, adults and corporates. This busines can be run from anywhere in the country and has huge scope to expand further.

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

Fully describe the business's activities?
Niche Mobile entertainment for Kids, Adults and Corporates

How long has the business been established?
Since 2011

How long has the owner had the business?
The owner started the business

How does the business operate on a daily basis?
Everything is online and done via email with the occasional phone calls. Most of the bookings are done for the weekend

How are the clients attracted to the business?
Purely through the businesses website

What Advertising/Marketing is carried out?
Makes use of Gumtree, Junkmail and a variety of other websites and then making sure the SEO is properly done.

Does the business have any contract work?
Not currently but they are looking to go into partnership with a very busy party venue to have a permanent presence, initial talks have started.

What competition exists?
The is no direct competition as in a mobile solution operated with staff, there are some that hire equipment only

What are the seasonal trends?
Closed between December 15 to January 15, then school holidays are quiet apart from shopping centres

Is the business VAT Registered?
No

What VAT documentation is on file?
None

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

What Balance Sheet and Income Statements are available?
None

What percentage of the business is cash/credit?
The business is 100% EFT

What is the age analysis of the debtors book?
None

How could the profitability of the business be improved?
More marketing, Contracts with venues and pursing more corporate functions

Is Seller finance available and for what amount?
No

What is the total staff complement?
10 Part time staff

Give a breakdown of staff/ functions/ length of service?
3 x Manager/Supervisor (Paid per party and organizing the equipment and purchases) Rest are Party Crew Service period is up to five years

Do any receive special perks or incentives?
Paid per party (3 Hours) and Travel, setup is 1.5 hours beforehand so they end up working 4.5 hours

Are they on contract?
All are temp staff

Do any have management potential?
Yes two of the staff and have been used as such in the past

How involved is the Owner in running the business?
100% but online and via phone

When does the current lease end?
N/A

What are the trading hours?
No specific times but most functions are on the weekends

Do you require a licence?
Samro

What are the main assets of the business?
Seller will supply

Are any items not included in the sale?
Only the items listed on the asset list are part of the sale

What is their overall condition?
Very good condition

Do any require repairing?
Ongoing repairs and maintenance

How have they been valued ?
Second hand value

Which assets are on lease/HP and with whom?
None

Are they presently insured?
No

Strengths?
Work from home, Online business, No overheads, Great growth potential, Unique and niche market

Weaknesses?
Staff reliance and being a good manager to run the business

Opportunities?
Expand into the corporate market, venues and additional areas

Threats?
Competition entering the space

What is the reason for the sale?
Moving

Other listings by Frank
R 2.00MZAR
Added : 22 Aug 2018 182
Yearly profit : R972,177
Gauteng
R 250KZAR
Added : 21 Aug 2018 289
Yearly profit : R287,548
Gauteng
R 3.10MZAR
Added : 20 Aug 2018 118
Yearly profit : R1,533,806
Gauteng
FRANCHISE DETAILS

Aldes Orion

2 members
21 active mandates
Gauteng , LynnwodRidge Pretoria
108 Lynburn Rd, Lynnwood Manor
LynnwodRidge Pretoria
0081

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

Similar Businesses for sale

Discover similar, inspiring businesses for sale

R 600KZAR
Added : 31 Aug 2018 110
Yearly profit : R310,217
KwaZulu-Natal
R 434KZAR
Added : 7 Aug 2018 187
Yearly profit : R349,891
KwaZulu-Natal
R 780KZAR
Added : 2 Aug 2018 201
Yearly profit : R707,212
Gauteng
R 585KZAR
Added : 27 Jul 2018 203
Yearly profit : R149,378
SA Countrywide
R 560KZAR
Added : 25 Jul 2018 221
Yearly profit : R484,492
KwaZulu-Natal
R 825KZAR
Added : 20 Jul 2018 196
Yearly profit : R218,273
Mpumalanga
R 890KZAR
Added : 19 Jul 2018 213
Yearly profit : R363,874
KwaZulu-Natal
R 355KZAR
Added : 26 Jun 2018 338
Yearly profit : R251,315
Gauteng

Businesses in Gauteng

Annual Turnover Amount between R 500 thousand and R 6 million

R 1.05MZAR
Added : 17 Sep 2018 29
Yearly profit : R263,895
Gauteng
R 1.40MZAR
Franchise
Added : 14 Sep 2018 79
Yearly profit : R322,224
Gauteng
R 1.90MZAR
Added : 12 Sep 2018 93
Yearly profit : R1,082,396
Gauteng
R 510KZAR
Franchise
Added : 3 Sep 2018 167
Yearly profit : R244,588
Gauteng
R 550KZAR
Added : 2 Sep 2018 300
Yearly profit : R614,067
Gauteng
R 1.30MZAR
Franchise
Added : 31 Aug 2018 213
Yearly profit : R510,646
Gauteng
R 1.67MZAR
Added : 30 Aug 2018 354
Yearly profit : R1,410,081
Gauteng
R 790KZAR
Added : 30 Aug 2018 177
Yearly profit : R286,467
Gauteng