Fully describe the business's activities?
Turnkey landscaping, design and installation
How long has the business been established?
17 years
How long has the owner had the business?
17 years
How does the business operate on a daily basis?
Inquiries for quotations are handled by owner. Usually daily operations are pre-planned and contractors are on site as arranged in advance
How are the clients attracted to the business?
Exhibitions such as Buildex, Web Site, Social Media, Word of Mouth and referrals.
What Advertising/Marketing is carried out?
Web site , SEO, exhibitions.
Does the business have any contract work?
No
What competition exists?
Other landscaping companies
What are the seasonal trends?
Slightly quieter in winter months
Is the business VAT Registered?
Yes
What VAT documentation is on file?
All returns available for due dilgence
Are there up-to-date Management Accounts available?
Yes
What Balance Sheet and Income Statements are available?
All
What percentage of the business is cash/credit?
Customers usually pay a deposit before work commences and the balance on completion.
What is the age analysis of the debtors book?
None
How could the profitability of the business be improved?
Additional marketing to attract more clients.
Is Seller finance available and for what amount?
No
What is the total staff complement?
9 full time staff
Give a breakdown of staff/ functions/ length of service?
Landscape architect, Irrigation Specialist, Master Builder, Trained landscape assistants, general contractor staff.
Do any receive special perks or incentives?
Annual bonuses, "employee of the month" award
Are they on contract?
Yes
Do any have management potential?
Team Leaders
How involved is the Owner in running the business?
Very involved on a daily basis
When does the current lease end?
Owner operates from home
Is there an option of renewal & what period?
N/A
What is the annual escalation %?
N/A
What are the trading hours?
Mon to Fri 07h00 to 16h15
What is the square meters of the business?
N/A
Who is the Owner/Landlord?
N/A
Is a copy of the lease available?
N/A
Do you require a licence?
No
What lease deposit and/or other surety is required?
N/A
What are the main assets of the business?
Mahindra Single Cab Pickup,
Lots of Tools and equipment
Office Furniture
Computer and Printers
Design, Draw and Architecture Software and Plotter
Are any items not included in the sale?
Two vehicles on finance
What is their overall condition?
Excellent
Do any require repairing?
No
Which assets are on lease/HP and with whom?
None
What are their settlement amounts?
N/A
Will Seller settle or Buyer to take over?
N/A
Are copies of agreements available?
N/A
Are they presently insured?
Yes
Strengths?
Large client base
Well known brand
Experienced staff
Good reputation
Good supplier rapport
Weaknesses?
Seasonal
Owner managed and run
Opportunities?
Expand to corporate and commercial clients
Maintenance of existing gardens
Expand marketing alliances with other industries
Threats?
Less experienced start ups, undercutting prices to establish business.
What is the reason for the sale?
Relocation
Why is this a good business?
Profitable and divers business
Can be run from home without rental expenses
Ideal for graduate in landscaping or horticultural field to get into the industry with a company with a huge track record.
What is the price plus stock and the net profit?
Price as a "going concern" to VAT registered buyer is just R500,000 and net profit around R52k/month.
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