Sectors / Category

Annual turnover

|
  • Mandate: 32780
  • Added: 12 Feb 2019
  • AFS
  • 220

Blind manufacturers and installations.

KwaZulu-Natal, Other
220
Mandate 32780
Added 12 Feb 2019
R 540,000* ZAR
Stock: R 40,000
Assets: R 35,000
R 21,677 ZAR
PG Beukes
Aldes Zululand
KwaZulu-Natal
KwaZulu-Natal
Summary

Business established for the last 20 Years, Key Vendors in place with good solid relations with client base. Quality product that gets manufactured and supplied. Manufacturing of vertical blinds and supply of Venetian - Wooden & Bamboo - Roller Blinds - Shutters - Insect Screens - Window Awnings. Sales and Services. owner run business.

Blind manufacturers and installations.
SELLING PRICE AFS
R 540,000* ZAR
Stock: R40,000
Assets: R35,000
R 21,677 ZAR
Summary

Business established for the last 20 Years, Key Vendors in place with good solid relations with client base. Quality product that gets manufactured and supplied. Manufacturing of vertical blinds and supply of Venetian - Wooden & Bamboo - Roller Blinds - Shutters - Insect Screens - Window Awnings. Sales and Services. owner run business.

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Fully describe the business's activities?
Manufacturing of Vertical blinds, Installation of Vertical and horizontal blinds. Manufacturing of vertical blinds and supply of Venetian - Wooden & Bamboo - Roller Blinds - Shutters - Insect Screens - Window Awnings. Sales and Services, Repairs Call on Clients. This is a home based business.

How long has the business been established?
20 years

How long has the owner had the business?
Owner Established the business 20 Years ago

How does the business operate on a daily basis?
Call on all enquiries, asses the enquiry, quote manufacture and install.

How are the clients attracted to the business?
Been in business the last 20 years, Good reputation in the area, quality product and service above and beyond expectations

What Advertising/Marketing is carried out?
Yellow pages, Ad Mag, Local Magazine, Brabeys and the local news paper from time to time.

Does the business have any contract work?
Key Vendor clients in place, solid good long standing relation with clients

What competition exists?
There is two other vertical blind suppliers in the area

What are the seasonal trends?
Business is pretty constant through out the year.

Is the business VAT Registered?
Yes

What VAT documentation is on file?
Tax Clearance certificate, Up to Date and available to any serious enquiries

Are there up-to-date Management Accounts available?
Up to Date and available to any serious enquiries

What Balance Sheet and Income Statements are available?
2016 to present

What percentage of the business is cash/credit?
80% EFT and 20% Cash

What is the age analysis of the debtors book?
None

How could the profitability of the business be improved?
Another rep on the road can increase profits by calling on new and existing clients. Better and more effective advertising can also increase business. More staff would then need to be implemented

Is Seller finance available and for what amount?
Yes seller would consider a small percentage 10 - 15 % and over a short term 6 - 18 months depending on the structure of transaction.

What is the total staff complement?
2 Staff plus 1 Owner

Give a breakdown of staff/ functions/ length of service?
Both personnel do the manufacturing and installations of the blinds. 1 Manufacturer/Fitter/Gardener - 1 Rails/Main Fitter/Repairs

Are they on contract?
Permanent contract

Do any have management potential?
Owner Run Business

How involved is the Owner in running the business?
60%

When does the current lease end?
Office and workshop is currently run from home

Is there an option of renewal & what period?
No

What are the trading hours?
Mondays - Fridays 8am - 4pm Saturdays 8am - 3pm

What is the square meters of the business?
Need a double garage and a office to run the business effectively

Is a copy of the lease available?
Business is operated from home.

What are the main assets of the business?
Equipment and stock

Are any items not included in the sale?
All included as per assets list

What is their overall condition?
Excellent condition

Do any require repairing?
None all equipment quality Hilti Brand only requires to be maintained

How have they been valued ?
Current market related values

Are they presently insured?
Yes full comprehensive insurance in place

Strengths?
Business established for the last 20 Years, Key Vendors in place with good solid relation with clients base. Quality product manufactured and supplied. Manufacturing of vertical blinds and supply of Venetian - Wooden & Bamboo - Roller Blinds - Shutters - Insect Screens - Window Awnings. Sales and Services. Business operates from home.

Weaknesses?
Owner operated

Opportunities?
Get a good manager and expand the business. Opportunity for a new owner to take advantage of an established business with good standing relations and reputation in the area

What is the reason for the sale?
Owner has been working at this business for the last 20 years and has unfortunately developed health issues and decided to sell due to this

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FRANCHISE DETAILS

Aldes Zululand

2 members
32 active mandates
KwaZulu-Natal
28 Bronze Street
3880

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