Sectors / Category

Annual turnover

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  • Mandate: 32016
  • Added: 18 Apr 2018
  • AFS
  • 975

Solar & Renewable Energy Business

KwaZulu-Natal, North Coast
975
Mandate 32016
Added 18 Apr 2018
R 1,500,000* ZAR
Stock: R 900,000
Assets: R 50,000
R 39,978 ZAR
Werner Angell-Schau
(PRINCIPAL)
Aldes Zululand
KwaZulu-Natal
KwaZulu-Natal
Summary

Business has been in existence since 2006 servicing the area and community with renewable and solar energy. Business has been stable, offering a wide range of products giving the consumer solutions depending on solar energy rather than the high financial demands that Eskom requires. With the ever increasing price hikes this is a product that is always in demand and is increasing becoming an alternative to your everyday consumer. All systems in place and supplier relations healthy for anyone who wants to take opportunity of this well-established business.

Solar & Renewable Energy Business
SELLING PRICE AFS
R 1,500,000* ZAR
Stock: R900,000
Assets: R50,000
R 39,978 ZAR
Summary

Business has been in existence since 2006 servicing the area and community with renewable and solar energy. Business has been stable, offering a wide range of products giving the consumer solutions depending on solar energy rather than the high financial demands that Eskom requires. With the ever increasing price hikes this is a product that is always in demand and is increasing becoming an alternative to your everyday consumer. All systems in place and supplier relations healthy for anyone who wants to take opportunity of this well-established business.

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Fully describe the business's activities?
Supply & retail of solar systems and renewable energy systems

How long has the business been established?
Since 2006

How long has the owner had the business?
Owner established business in 2006

How does the business operate on a daily basis?
Business is run, managed and operated by the owner

How are the clients attracted to the business?
Every increasing electricity price hikes by Eskoms demands the general consumer to look at alternative energy sources. Business has been established in the area and has been servicing the community for 12 years plus.

What Advertising/Marketing is carried out?
Word of mouth referrals and longs standing business relations in the area. Business established and has been in the market place for many years. Business has a website

Does the business have any contract work?
Business has done some contract work into African Countries, a BEE element in the business will allow for greater scope for contract work.

What competition exists?
There was competition throughout the years however none of the competitors survived this business.

What are the seasonal trends?
Business is pretty constant throughout the year .

Are there up-to-date Management Accounts available?
Yes, available during due diligence process to any serious enquiries.

What Balance Sheet and Income Statements are available?
Up to Date

What percentage of the business is cash/credit?
20% Cash & 80 % Electronic

How could the profitability of the business be improved?
Adding a better BEE rating to the business

What is the total staff complement?
1 Owner & 2 Staff

Give a breakdown of staff/ functions/ length of service?
Owner manages and runs the finances, 2 front staff sales

Are they on contract?
Yes

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

When does the current lease end?
Building is owned by the seller

Is there an option of renewal & what period?
Yes, seller will issue a long term lase at market related rates with an option for renewal. Owner owns the property and will make the property available to the buyers as an option to buy....

What is the annual escalation %?
8%

What are the trading hours?
Monday - Fridays 7:30 - 16:30 Saturdays 9:00 - 13:00

What is the square meters of the business?
+- 250 sqm

Who is the Owner/Landlord?
The seller

Is a copy of the lease available?
Yes

What lease deposit and/or other surety is required?
One months rental

What are the main assets of the business?
Solar systems (stock), Displays, Shleving, Office equipment

Are any items not included in the sale?
All included as per assets list

What is their overall condition?
Excellent condition

Do any require repairing?
All very well kept and maintained

How have they been valued ?
Current market related values...

Strengths?
Product in demand, increasing price hikes at Eskom, renewable energy & solar systems, established since 2006

Weaknesses?
Business is owner run

Opportunities?
A better BEE rating will increase opportunity for contract and government work.

What is the reason for the sale?
Oner has other business interest that he wants to explore

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FRANCHISE DETAILS

Aldes Zululand

2 members
31 active mandates
KwaZulu-Natal
28 Bronze Street
3880

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