Sectors / Category

Annual turnover

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  • Mandate: 33020
  • Added: 21 May 2019
  • AFS
  • 407

Interior decorating business, designing and installations of curtains, blinds and wallpaper

Free State, Bethlehem
407
Mandate 33020
Added 21 May 2019
R 1,083,000* ZAR
Stock: R 0
Assets: R 0
R 21,578 ZAR
Pierre de Klerk
(PRINCIPAL)
Aldes Bloemfontein
Free State, Bloemfontein
Free State, Bloemfontein
Summary

Creating / designing as well as installing, of curtains blinds and wallpaper what you want and need for your home or office . upholstery of furniture

SELLING PRICE AFS
R 1,083,000* ZAR
Stock: R0
Assets: R0
R 21,578 ZAR
Summary

Creating / designing as well as installing, of curtains blinds and wallpaper what you want and need for your home or office . upholstery of furniture

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please supply us with your details below

Fully describe the business's activities?
Manufacturing of curtains, quilte, cushions, roman blinds Installing of curtains and hardware Upholstery of furniture Provide blinds, Venetian, wood, vertical etc. and installations there of Provide and paste of wallpaper Manufacturing of corporate curtains en installations

How long has the business been established?
The business was established in 2007

How long has the owner had the business?
The owner has the business for 12 years, since it was established.

How does the business operate on a daily basis?
Manufacturing of curtains, quilte, cushions, roman blinds Installing of curtains and hardware Upholstery of furniture Provide blinds, Venetian, wood, vertical etc. and installations there of Provide and paste of wallpaper Manufacturing of corporate curtains en installations

How are the clients attracted to the business?
Word of mouth Large advertising boards around the town Advertising on facebook Advertisement boards at two schools Business in main street of the town and every person can see the business.

What Advertising/Marketing is carried out?
2 Big billboards in town Advertising on social media

Does the business have any contract work?
No

What competition exists?
There are 2 other interior companies in town

What are the seasonal trends?
October until December the trends seems to be higher

Is the business VAT Registered?
Yes the business is registered for VAT

What VAT documentation is on file?
Tax clearance and vat registration

Are there up-to-date Management Accounts available?
Available on request

What Balance Sheet and Income Statements are available?
Available on request

How could the profitability of the business be improved?
More tender/government work

What is the total staff complement?
7 staff members

Give a breakdown of staff/ functions/ length of service?
4 - ladies – do the needlework, make the curtains, quilts, soft upholstery and roman/dummy blinds 2 - Men – Installations of curtains,blinds, pelmet, stage tracks and make of headboards,pelmets etc 1 - owner

Are they on contract?
Permanent basis

How involved is the Owner in running the business?
the owner is 100% involved in the business

What are the trading hours?
Mondays - Fridays : 08h00 – 17h00 Sometimes 8 – 12 on Saturday, depending on how much work

Who is the Owner/Landlord?
Arina Havenga – owner of decorstudio

Do you require a licence?
No

What are the main assets of the business?
Industrial machinery, tools, samples and display curtains/furniture

Are any items not included in the sale?
No

What is their overall condition?
Excellent

Do any require repairing?
No

How have they been valued ?
It has been values at cost price

What are their settlement amounts?
All paid off

What is the reason for the sale?
The owner has 3 kids, and does not have enough time and effort to put in the business, for promoting and generating new business.

Why is this a good business?
All the staff have years of experience. They can do everything: curtains, blinds, light upholstery etc. They are difficult to find. Already a custom made showroom, with display curtains and fabric sample books. Buyer can just walk in and go on with the business, without spending extra money

What is the price plus stock and the net profit?
R950 000 + VAT

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FRANCHISE DETAILS

Aldes Bloemfontein

1 members
11 active mandates
Free State , Bloemfontein
Street
Bloemfontein
9701

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