Sectors / Category

Annual turnover

|
  • Mandate: 32775
  • Added: 11 Feb 2019
  • AFS
  • 529

REDUCED - Well established fibreglass pool installer

Western Cape, Cape Town
529
Mandate 32775
Added 11 Feb 2019
R 795,000* ZAR
Stock: R 0
Assets: R 35,000
R 70,960 ZAR
Pieter De Beer
Aldes Atlantic
Western Cape, Cape Town
Western Cape, Cape Town
Summary

Get the client, service the client through subcontractors ! Simple, yet easy to manage.....

REDUCED - Well established fibreglass pool installer
SELLING PRICE AFS
R 795,000* ZAR
Stock: R0
Assets: R35,000
R 70,960 ZAR
Summary

Get the client, service the client through subcontractors ! Simple, yet easy to manage.....

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

Fully describe the business's activities?
The sale and installation of pre-moulded fibre glass pools

How long has the business been established?
2007

How long has the owner had the business?
Current owner bought the business 3 years ago.

How does the business operate on a daily basis?
Clients are attracted to the business by word of mouth, advertising and the website. The owner would receive the inquiry and after filtering the client, would go out to site to quote. The installation teams would then install the swimming pool and the owner would do some site visits and eventually "hand over" the pool.

What competition exists?
Although there are other pool installation companies in Cape Town, the unique element to this business is that they virtually have not monthly overheads. This business has such a strong referral base and name in the market, that it even through the drought, still made a profit.

What are the seasonal trends?
Busy season is from Late August – March then it slows down during winter.

Is the business VAT Registered?
Yes.

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

How could the profitability of the business be improved?
Work wider into further areas around Cape Town. Employ an admin person to allow the owner to deal more with clients, directly. Take on more pools ( the owner currently controls the amount of work as he struggled to deal with the business in 2016 when it did do exceptionally well.

What is the total staff complement?
Only the owner. All the "employees" are subcontractors. Only work when there is work available.

Give a breakdown of staff/ functions/ length of service?
3 installation teams available.

How involved is the Owner in running the business?
Fully but mainly with client interaction, quotations, site visits etc. Not involved with the actual installations

When does the current lease end?
Work from home office

What are the main assets of the business?
The business uses a H100 but this is excluded in the sale. The main assets are the relationships with the installers - all excellent at their craft.

Strengths?
Low risk - no fixed overheads Been in business since 2007 with a solid referral client base. Survived the drought !

Weaknesses?
All new sales and quotations must go through the owner. He has some restraints on his time. Can go a little quiet in the winter and be affected by rain / droughts.

Opportunities?
Expansion – throughout Western Cape or diversify into maintenance. Employ sales reps. Open a pool shop for parts, spares and chemicals.

Threats?
Supplier of pool shells – if the quality goes below standard a new supplier must be found. However this is not an issue with the standard of shells they use at the moment and have been using !

What is the reason for the sale?
The owner bought the business and wanted to grow it. However - he got a second child and his business involvement in his other business, limits him from really taking this business to the next level. Low risk - subcontracting only thus low fixed expenses

Other listings by Pieter
R 7.50MZAR
Added : 4 Jul 2019 155
Yearly profit : R2,730,702
SA Countrywide
R 330KZAR
Added : 14 Jun 2019 369
Yearly profit : R193,007
Western Cape
R 900KZAR
Added : 13 Jun 2019 232
Yearly profit : R360,341
Western Cape
FRANCHISE DETAILS

Aldes Atlantic

6 members
20 active mandates
Western Cape , Cape Town
13 Imperial Bank Terraces Tyger Waterfont
Cape Town
7441

Our experienced cross industry brokers are
waiting to assist and guide you…

Similar Businesses for sale

Discover similar, inspiring businesses for sale

R 825KZAR
Added : 19 Aug 2019 0
Yearly profit : R820,386
Western Cape
R 460KZAR
Added : 8 Aug 2019 163
Yearly profit : R138,945
Gauteng
R 595KZAR
Franchise
Added : 30 Jul 2019 256
Yearly profit : R460,800
Gauteng
R 750KZAR
Added : 17 Jul 2019 384
Yearly profit : R475,112
KwaZulu-Natal
R 545KZAR
Added : 10 Jul 2019 243
Yearly profit : R299,312
Gauteng
R 850KZAR
Franchise
Added : 9 Jul 2019 182
Yearly profit : R503,154
Gauteng
R 1.10MZAR
Added : 28 Jun 2019 258
Yearly profit : R1,105,095
Free State
R 1.08MZAR
Added : 21 May 2019 254
Yearly profit : R258,930
Free State

Businesses in Gauteng

Annual Turnover Amount between R 500 thousand and R 6 million

R 740KZAR
Franchise
Added : 15 Aug 2019 52
Yearly profit : R345,000
Gauteng
R 1.15MZAR
Franchise
Added : 14 Aug 2019 276
Yearly profit : R634,529
Gauteng
R 1.50MZAR
Added : 14 Aug 2019 70
Yearly profit : R616,688
Gauteng
R 1.20MZAR
Franchise
Added : 13 Aug 2019 102
Yearly profit : R759,430
Gauteng
R 1.40MZAR
Franchise
Added : 13 Aug 2019 85
Yearly profit : R688,534
Gauteng
R 1.54MZAR
Franchise
Added : 12 Aug 2019 88
Yearly profit : R589,000
Gauteng
R 2.00MZAR
Franchise
Added : 12 Aug 2019 71
Yearly profit : R874,035
Gauteng
R 1.68MZAR
Added : 7 Aug 2019 118
Yearly profit : R504,826
Gauteng