Sectors / Category

Annual turnover

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  • Mandate: 32220
  • Added: 03 Jul 2018
  • 455

Events and functions decor hire company specializing in Weddings

Gauteng, Johannesburg
455
Mandate 32220
Added 03 Jul 2018
R 3,150,000* ZAR
Stock: R 0
Assets: R 800,000
R 113,083 ZAR
Louis Aucamp
(PRINCIPAL)
Aldes Pro
Gauteng
Summary

Work from home opportunity to hire out equipment for events and functions.

SELLING PRICE
R 3,150,000* ZAR
Stock: R0
Assets: R800,000
R 113,083 ZAR
Summary

Work from home opportunity to hire out equipment for events and functions.

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

Fully describe the business's activities?
This is an event and decor hire business that specialize in weddings. They also do all the flower arrangements for the event.

How long has the business been established?
8 years

How long has the owner had the business?
8 Years

How does the business operate on a daily basis?
Events are booked by clients for specific days. They then provide the contracted services on the specific day.

How are the clients attracted to the business?
Word of mouth and via a web site

What Advertising/Marketing is carried out?
google add words

Does the business have any contract work?
no

What competition exists?
There are various companies providing a similar service in gauteng

What are the seasonal trends?
no real trend

Is the business VAT Registered?
no

What VAT documentation is on file?
na

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

What Balance Sheet and Income Statements are available?
only management accounts available - sole trader

What percentage of the business is cash/credit?
all eft payments

What is the age analysis of the debtors book?
no debtors

How could the profitability of the business be improved?
increase events per day

Is Seller finance available and for what amount?
no

What is the total staff complement?
2 + owner

Give a breakdown of staff/ functions/ length of service?
Lungile - 5yrs setup and stock control Cherity - cleaning and security

Do any receive special perks or incentives?
no

Are they on contract?
yes

Do any have management potential?
yes lungile

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

When does the current lease end?
run from home

What is the square meters of the business?
2 x double garage

Do you require a licence?
no

What are the main assets of the business?
all the equipment used for the events. List available on request

Are any items not included in the sale?
no

What is their overall condition?
good

Do any require repairing?
no

How have they been valued ?
owner

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

Are they presently insured?
yes

Strengths?
They provide excellent and quality service

Weaknesses?
they only do one event a day

Opportunities?
increase invents per day

What is the reason for the sale?
Immigrating to UK

Why is this a good business?
They provide a quality service in the industry. They are well known by all the venues and have an excellent web site

What is the price plus stock and the net profit?
R3 150 000

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FRANCHISE DETAILS

Aldes Pro

2 members
20 active mandates
Gauteng
Malcolm Road
0000

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