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  • Mandate: 33505
  • Added: 04 Oct 2019
  • 108

Recreational 4x4 Trailer Hire @ Asset Value.

Western Cape, Cape Town
108
Mandate 33505
Added 04 Oct 2019
R 750,000* ZAR
Stock: R 0
Assets: R 820,000
Jaco du Plooy
(PRINCIPAL)
Aldes Compact
Western Cape
Western Cape
Summary

Recreational Camping 4x4 Trailer Hire, Cape Town, Western Cape

Recreational 4x4 Trailer Hire @ Asset Value.
SELLING PRICE
R 750,000* ZAR
Stock: R0
Assets: R820,000
Summary

Recreational Camping 4x4 Trailer Hire, Cape Town, Western Cape

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Fully describe the business's activities?
The business rents out fully equipped camping trailers to the public for the outdoor living experience.

How long has the business been established?
The business was established in 2010. The current owners bought the business in 2016.

How does the business operate on a daily basis?
The business is mainly run from home. The business does have a premises for storage and maintenance but the trailers can only be viewed by appointment. Most bookings are done via the website.

How are the clients attracted to the business?
The business is well known, repeat business, word of mouth, sporadic advertising and through a very user friendly website.

Does the business have any contract work?
No, the business does not have any contract work but lots of repeat customers.

What competition exists?
There are other trailer rent companies but this business prides themselves on realistic and competitive pricing.

What are the seasonal trends?
The trailers are popular during the whole year but peak during the school holidays and summer months.

Is the business VAT Registered?
No, the business is not VAT registered.

Are there up-to-date Management Accounts available?
Yes, up-to-date management accounts are available.

What Balance Sheet and Income Statements are available?
The financial statements for 31 December 2019 are available.

What percentage of the business is cash/credit?
100% EFT. All rentals are prepaid. 50% Deposit on booking.

How could the profitability of the business be improved?
The business can expand with more and different types of trailers. Special promotions during the so called slower months. Relocate the business to cheaper or own owned premises.

Is Seller finance available and for what amount?
Yes, the owner will consider seller finance on a small % of the selling price over a short period of time on only the owner's discretion.

What is the total staff complement?
One long serving employee for preparation, cleaning and maintenance of the trailers.

How involved is the Owner in running the business?
The owner handle bookings, admin and pre/ after inspections. There are times that the business owner is not fully occupied. The business can be obtained as a secondary business or as a semi-retirement option.

When does the current lease end?
The premises is rented on a month to month casual agreement. The business can easily be relocated to suit new owner's requirements.

What are the trading hours?
The trailers can only be viewed on appointment. No official business hours.

Do you require a licence?
No special licence is required.

What lease deposit and/or other surety is required?
One month rent.

What are the main assets of the business?
3 x Fully equipped Echo 3 trailers.(Fridge, table, chairs, bed linen and full kitchen) 4 x Fully equipped Echo 4 trailers. (see above) Loose tools, spares and equipment. Excellent website. Goodwill built over almost 10 years.

Are any items not included in the sale?
All assets are included in the sale.

What is their overall condition?
All assets are in a good condition and well maintained.

Do any require repairing?
Normal, regular, scheduled maintenance does apply.

How have they been valued ?
Owners/ brokers/ market value.

Which assets are on lease/HP and with whom?
No assets are on lease.

Are they presently insured?
All assets are insured.

Strengths?
Long established with excellent track record. Active in a huge and growing industry/ market. Good and proven equipment. Big data base. Flexi time applicable.

Weaknesses?
Limited options in products range.

Opportunities?
To invest in more and different options of trailers. To operate the business from your own premises or combine with a existing business.

Threats?
Breakdowns, therefore the ongoing maintenance will always be applicable and important.

What is the reason for the sale?
The owner passed away. Wife to retire and son to move on.

Why is this a good business?
Combine your passion for the outdoor, camping, nature and travelling with a easy to run business in the fastest growing accommodation sector in the world!!

What is the price plus stock and the profit?
Price R750,000 all included. The business is currently marginally profitable due to unforeseen circumstances. To be discussed with potential buyers.

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FRANCHISE DETAILS

Aldes Compact

2 members
7 active mandates
Western Cape
Unit 41,Cape Cordonia,157 Beach Rd
7151

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