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Annual turnover

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  • Mandate: 32564
  • Added: 22 Oct 2018
  • 11

Plumbing contractor in Pretoria North

Gauteng, Pretoria
11
Mandate 32564
Added 22 Oct 2018
R 900,000* ZAR
Stock: R 0
Assets: R 250,000
R 40,948 ZAR
Louis Aucamp
(PRINCIPAL)
Aldes Pro
Gauteng
Summary

Well established plumbing contractor in Pretoria North that services housing complexes.

Plumbing contractor in Pretoria North
SELLING PRICE
R 900,000* ZAR
Stock: R0
Assets: R250,000
R 40,948 ZAR
Summary

Well established plumbing contractor in Pretoria North that services housing complexes.

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Fully describe the business's activities?
Plumbing Business who mainly services housing complexes and insurance claims (result Damage) for plumbing , reair to ceiling, painting and Tiling

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?
The get repeat requests from current customers for plumbing needs.

How are the clients attracted to the business?
Word of mouth

What Advertising/Marketing is carried out?
None

Does the business have any contract work?
Service level agreement with a few customers,

What are the seasonal trends?
Winter has more geyser bursts.

Is the business VAT Registered?
Yes

What VAT documentation is on file?
Yes

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

What Balance Sheet and Income Statements are available?
Feb 2017

What percentage of the business is cash/credit?
Mostly on account as it is regular clients

What is the age analysis of the debtors book?
30 - 45 days after invoice

How could the profitability of the business be improved?
Advertising and take on work at new building projects

Is Seller finance available and for what amount?
No

What is the total staff complement?
5

Give a breakdown of staff/ functions/ length of service?
General worker 10yrs Plumber 10 yrs Plumber 4 yrs driver 4 yrs General worker 6 yrs

Do any receive special perks or incentives?
|No

Are they on contract?
Yes

Do any have management potential?
No

How involved is the Owner in running the business?
Daily basis to manage work.

Who is the Owner/Landlord?
They work from home

What are the main assets of the business?
2 x Nissan bakkies Leak detection machine Drain cleaning machine Tools Computer

Are any items not included in the sale?
All included

What is their overall condition?
Good

Do any require repairing?
Normal maintenance

How have they been valued ?
Owners valuation

Which assets are on lease/HP and with whom?
2 Nissan NP200 bakkies

What are their settlement amounts?
R 200 000 in total

Will Seller settle or Buyer to take over?
To be negotiated

Are copies of agreements available?
Yes

Are they presently insured?
Yes

Strengths?
Same day service with existing service level agreements

Weaknesses?
Small team

Opportunities?
Expand business to also do work at new building sites.

Threats?
Local economy

What is the reason for the sale?
Owner will be emigrating to Australia in next year

Why is this a good business?
You have loyal customers and a loyal work force

What is the price plus stock and the net profit?
Capital investment R900 000 Yearly income R491 000 Assets worth R250 000

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FRANCHISE DETAILS

Aldes Pro

2 members
16 active mandates
Gauteng
Malcolm Road
0000

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