Sectors / Category

Annual turnover

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  • Mandate: 32217
  • Added: 19 Jul 2018
  • AFS
  • 501

Team Building and Employee Motivation Company

KwaZulu-Natal, Durban
501
Mandate 32217
Added 19 Jul 2018
R 890,000* ZAR
Stock: R 0
Assets: R 350,645
R 30,323 ZAR
Wendy Richards
(PRINCIPAL)
Aldes Prestige
KwaZulu-Natal
KwaZulu-Natal
Summary

Well established Team Building Company servicing large corporates offering a wide range of indoor and outdoor activities and training courses.

Team Building and Employee Motivation Company
SELLING PRICE AFS
R 890,000* ZAR
Stock: R0
Assets: R350,645
R 30,323 ZAR
Summary

Well established Team Building Company servicing large corporates offering a wide range of indoor and outdoor activities and training courses.

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Fully describe the business's activities?
This business offers a wide variety of indoor and outdoor Team Building solutions custom tailored to the needs of every client. A wide range of activities are available and can be conducted at carefully selected venues that contribute to achieving the desired outcome. An in-house training solution is also provided focusing on Teamwork Development, Leadership and Customer service through workshops,seminars and full day training sessions. Team Development seminars include customer service delivery, sales momentum, leadership capacity. Team building offers action based out door activities such as quad biking, archery, paintball. Indoor team building includes lateral thinking projects. The business also arranges fun company events for special occasions and end of year celebrations.

How long has the business been established?
Since 2003.

How long has the owner had the business?
Since inception.

How does the business operate on a daily basis?
The owner of the business manages the business on a daily basis.

How are the clients attracted to the business?
The majority of the clients are past customers who are very loyal.

What Advertising/Marketing is carried out?
The business has its own website and uses social media marketing initiatives. The business is also affiliated to Mega Zone Radio station and presents a motivational minute podcast.

Does the business have any contract work?
No, however the business does have repeat clients.

What competition exists?
Competition does exist however this business has established itself as a key player servicing large corporates and gaining a solid reputation of offering excellent programmes designed to achieved desired outcomes.

What are the seasonal trends?
The business is busy all year through.

Is the business VAT Registered?
Yes.

What VAT documentation is on file?
Up to date Vat documentation is available.

Are there up-to-date Management Accounts available?
Yes, this will be made available.

What Balance Sheet and Income Statements are available?
AFS2018 Statements are available.

What is the age analysis of the debtors book?
The business has no debts.

How could the profitability of the business be improved?
The profitability could be improved with additional sales and marketing activities and by recruiting a sales rep.

What is the total staff complement?
The owner sub contracts to two staff members as he requires them. They are able to oversee complete team building activities without the owners supervision.

When does the current lease end?
The business is home based. A storage area the size of a double garage is required to store the equipment.

What are the main assets of the business?
A full asset list is available to qualified buyers.

What is their overall condition?
The overall condition is good.

How have they been valued ?
Assets have been valued at replacement value.

Strengths?
The business is established with a solid corporate client base. Home based with minimal overheads.

Opportunities?
Opportunity to add additional services.

Threats?
No known threats perceived.

What is the reason for the sale?
The owner is moving to another province to pursue a new opportunity.

Why is this a good business?
This is an exciting business for someone with a passion for people, fun, and motivating individuals.

What is the price plus stock and the net profit?
The selling price is R890k, average monthly net profit R30k

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FRANCHISE DETAILS

Aldes Prestige

2 members
15 active mandates
KwaZulu-Natal
32 Ilchester Avenue, Somerset Park
4016

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