Sectors / Category

Annual turnover

|
  • Mandate: 31481
  • Added: 13 Oct 2017
  • 1061

Dry Cleaner, Laundry and Tailor

Gauteng, Pretoria
1061
Mandate 31481
Added 13 Oct 2017
R 700,000* ZAR
Stock: R 0
Assets: R 833,000
R 24,639 ZAR
Paul Fyfe
Aldes Masters
Gauteng
Summary

Family business for 40 years. Situated in Pretoria. Owner retiring

Dry Cleaner, Laundry and Tailor
SELLING PRICE
R 700,000* ZAR
Stock: R0
Assets: R833,000
R 24,639 ZAR
Summary

Family business for 40 years. Situated in Pretoria. Owner retiring

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

Fully describe the business's activities?
This is a dry cleaner. They also do laundry and tailoring and shoe repairs

How long has the business been established?
The business was established in 1965

How long has the owner had the business?
The owner esatblished the business in 1965

How does the business operate on a daily basis?
They receive goods from clients and perform the functions of the business as mentioned

How are the clients attracted to the business?
This is a long standing business with many loyal clients. Passing clients.

What Advertising/Marketing is carried out?
Other than store signage n advertising or marketing is carried out by the business

Does the business have any contract work?
No

What competition exists?
The competition is not close by.

What are the seasonal trends?
December is quieter.

Is the business VAT Registered?
The busines is not vat registered

What Balance Sheet and Income Statements are available?
AFS 2017

What percentage of the business is cash/credit?
100% ash and Credit Card

How could the profitability of the business be improved?
More marketing and clients

Is Seller finance available and for what amount?
No

What is the total staff complement?
Owner plus 5 staff

Are they on contract?
Yes

How involved is the Owner in running the business?
100%

When does the current lease end?
Currently month to month

What is the annual escalation %?
10%

What are the trading hours?
monday to Friday 7:00-17:30 Sat 07:00-12:00

Do you require a licence?
NO

What is their overall condition?
Working condition

Do any require repairing?
No

How have they been valued ?
Owner estimate

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

Will Seller settle or Buyer to take over?
As per asset list which is available

Are they presently insured?
Yes

Strengths?
Very well known is this area. Service and location

Weaknesses?
None perceived

Opportunities?
More advertissing and marketing

Threats?
None perceived

What is the reason for the sale?
Owner retiring

Why is this a good business?
Dry cleaning laundry and shoe repairs are necessary services

What is the price plus stock and the net profit?
See mandated details

Other listings by Paul
R 1.54MZAR
Franchise
Added : 16 Oct 2018 64
Yearly profit : R397,429
Gauteng
R 420KZAR
Franchise
Added : 25 Jul 2018 391
Yearly profit : R432,696
Gauteng
R 320KZAR
Franchise
Added : 1 Jul 2018 532
Yearly profit : R379,726
Gauteng
FRANCHISE DETAILS

Aldes Masters

2 members
14 active mandates
Gauteng
32 Third Rd, Bardene
1459

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

Similar Businesses for sale

Discover similar, inspiring businesses for sale

R 900KZAR
Added : 22 Oct 2018 7
Yearly profit : R491,375
Gauteng
R 850KZAR
Franchise
Added : 7 Oct 2018 72
Yearly profit : R288,502
Western Cape
R 600KZAR
Added : 31 Aug 2018 221
Yearly profit : R310,217
KwaZulu-Natal
R 384KZAR
Added : 7 Aug 2018 282
Yearly profit : R255,042
KwaZulu-Natal
R 780KZAR
Added : 2 Aug 2018 276
Yearly profit : R707,212
Gauteng
R 825KZAR
Added : 20 Jul 2018 342
Yearly profit : R218,273
Mpumalanga
R 890KZAR
Added : 19 Jul 2018 290
Yearly profit : R363,874
KwaZulu-Natal
R 980KZAR
Franchise
Added : 26 Jun 2018 260
Yearly profit : R0
SA Countrywide

Businesses in Gauteng

Annual Turnover Amount between R 500 thousand and R 6 million

R 1.10MZAR
Added : 22 Oct 2018 6
Yearly profit : R144,168
Gauteng
R 580KZAR
Franchise
Added : 22 Oct 2018 30
Yearly profit : R348,981
Gauteng
R 900KZAR
Added : 22 Oct 2018 7
Yearly profit : R491,375
Gauteng
R 1.71MZAR
Added : 21 Oct 2018 37
Yearly profit : R758,870
Gauteng
R 555KZAR
Added : 19 Oct 2018 59
Yearly profit : R264,000
Gauteng
R 1.31MZAR
Added : 17 Oct 2018 213
Yearly profit : R517,200
Gauteng
R 1.54MZAR
Franchise
Added : 16 Oct 2018 64
Yearly profit : R397,429
Gauteng
R 2.00MZAR
Franchise
Added : 11 Oct 2018 182
Yearly profit : R1,071,535
Gauteng