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Annual turnover

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  • Mandate: 32204
  • Added: 25 Jun 2018
  • AFS
  • 416

Carpet and Upholstery Cleaning

Gauteng, Pretoria
416
Mandate 32204
Added 25 Jun 2018
R 300,000* ZAR
Stock: R 500
Assets: R 100,000
R 25,000 ZAR
Frank Schrempel
(PRINCIPAL)
Aldes Orion
Gauteng, LynnwodRidge Pretoria
Gauteng, LynnwodRidge Pretoria
Summary

Carpet and Upholstery Cleaning

Carpet and Upholstery Cleaning
SELLING PRICE AFS
R 300,000* ZAR
Stock: R500
Assets: R100,000
R 25,000 ZAR
Summary

Carpet and Upholstery Cleaning

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Fully describe the business's activities?
Cleaning Persian, fitted, loos rugs and upholstery for cars, caravans, tents, chairs and aircraft seats

How long has the business been established?
37 Years

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

How does the business operate on a daily basis?
Owner run

How are the clients attracted to the business?
Word of mouth predominately and well known

What Advertising/Marketing is carried out?
In all the glossy magazines (Silver Lakes, Centurion Estates, Hazeldean, Irene Farm Village, Out of the horses mouth) Web Site

Does the business have any contract work?
No

What competition exists?
The normal for the industry

What are the seasonal trends?
Summer is the busy season with it being quieter in winter

Is the business VAT Registered?
No

What VAT documentation is on file?
N/A

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

What Balance Sheet and Income Statements are available?
2018

What percentage of the business is cash/credit?
Basically half half each for EFT and Cash

What is the age analysis of the debtors book?
Terms are COD

How could the profitability of the business be improved?
Advertising and marketing, drive Adwords and website improvements, by doing contract work (regular weekly, monthly, etc on a contract), doing Saturday cleaning work at offices and businesses

Is Seller finance available and for what amount?
No

What is the total staff complement?
Currently four staff members and the owner drives the vehicle, however over only two will be taken over, one is retiring and the other will not be continuing

Give a breakdown of staff/ functions/ length of service?
2 x cleaning of which one has a license (Discuss with seller ) 1 x Admin, bookkeeper, appointments, collections, mornings only - Is leaving 1 x Is leaving

Do any receive special perks or incentives?
13th Cheque December Uniform provided Daily food

Are they on contract?
Yes

Do any have management potential?
No

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

When does the current lease end?
Owner runs the business from home and buyer will have to relocate the business

What are the trading hours?
08:00 - 16:00 Monday to Friday (Staff are paid to 17:00)

What is the square meters of the business?
Single garage size for cleaning Place to hang carpets to dry, either in the garden if sunny or garage when it is wet

Do you require a licence?
No

What are the main assets of the business?
Will be supplied by the seller

Are any items not included in the sale?
All items included are on the asset register

What is their overall condition?
Good condition

Do any require repairing?
Ongoing repairs and maintenance is performed

How have they been valued ?
Second hand value

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

Are they presently insured?
Vehicle is insured

Strengths?
Been in business for 37 years Loyal client base ±1,500 Very well known business Staff well trained and knowledgeable and honest

Weaknesses?
Lack of online advertising

Opportunities?
Advertising on internet and Facebook Expand the are covered and number of teams Expand the services to home cleaning as well

Threats?
None identified

What is the reason for the sale?
Retirement

Why is this a good business?
Well established and known business with well trained staff and a solid customer base

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FRANCHISE DETAILS

Aldes Orion

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

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