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?
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?
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?
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?
Do any have management potential?
Owner Run Business
How involved is the Owner in running the business?
When does the current lease end?
Office and workshop is currently run from home
Is there an option of renewal & what period?
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?
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
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.
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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Annual Turnover Amount between R 500 thousand and R 6 million