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Annual turnover

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  • Mandate: 32111
  • Added: 12 Sep 2018
  • AFS
  • 78

Signage business

Gauteng, Centurion
78
Mandate 32111
Added 12 Sep 2018
R 2,560,000* ZAR
Stock: R 60,000
Assets: R 0
R 99,524 ZAR
Henry Hart
Aldes Jacaranda
Gauteng, Centurion
Gauteng, Centurion
Summary

Signage business for sale in Pretoria. The business is part of a well established Franchise Group and has been in operations since 2009

SELLING PRICE AFS
R 2,560,000* ZAR
Stock: R60,000
Assets: R0
R 99,524 ZAR
Summary

Signage business for sale in Pretoria. The business is part of a well established Franchise Group and has been in operations since 2009

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Fully describe the business's activities?
Signage business for sale in Pretoria. Well established franchise group.

How long has the business been established?
This Branch was Established in 2009.

How long has the owner had the business?
The owner bought the business in 2015.

How does the business operate on a daily basis?
Owners are running the day-to-day operations at this stage, however they are in the process appointing and training a manager to assist with daily tasks.

How are the clients attracted to the business?
- This is a well known franchise brand - Word of mouth - Good Signage in front of the business - Well Located

What Advertising/Marketing is carried out?
The Franchisor does marketing and advertising on a national basis. The owner also does his own social media and Facebook advertising. They also appoint sales representatives

What competition exists?
The normal Competition for the industry.

What are the seasonal trends?
During December holidays there is a drop in Sales.

Is the business VAT Registered?
Yes the business is a VAT-Vendor

What VAT documentation is on file?
Updated VAT documents are available.

Are there up-to-date Management Accounts available?
We have 2017 and 2018 Management Account available.

What Balance Sheet and Income Statements are available?
We have 2017 and 2018 Financial Statements available.

What percentage of the business is cash/credit?
80% of all work is payable upfront.

What is the age analysis of the debtors book?
10days

How could the profitability of the business be improved?
More sales reps in the field will be required.

What is the total staff complement?
There are 11 staff members

Give a breakdown of staff/ functions/ length of service?
A full Staff Breakdown will be available to an interested buyer.

Do any receive special perks or incentives?
There is Sales commission for the Sales Reps.

Are they on contract?
Yes they are

Do any have management potential?
Yes there is Management potential.

How involved is the Owner in running the business?
They are involved full time, but starting to give more responsibility to the Manager.

When does the current lease end?
November 2019

Is there an option of renewal & what period?
Yes, 2 years

What is the annual escalation %?
9%

What are the trading hours?
8am-5pm Monday - Friday

What is the square meters of the business?
200s/m + 95s/m

Is a copy of the lease available?
Yes

Do you require a licence?
No Licence only Franchise Agreement

What lease deposit and/or other surety is required?
More or Less R80 000

What are the main assets of the business?
An asset list are available on request

Are any items not included in the sale?
Everything will be included in a sale.

What is their overall condition?
Very Good condition

Which assets are on lease/HP and with whom?
None

Are they presently insured?
Yes they are

Strengths?
This is a well known Franchise Brand. This Business has a very big database. High Profits in this industry.

Weaknesses?
Staff intense

Opportunities?
Employ more Sales Reps Outsource Installers

What is the reason for the sale?
The Owners are immigrating

Why is this a good business?
They have a huge database with high product demands. This business is part of a well known group.

What is the price plus stock and the net profit?
R2.5m

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FRANCHISE DETAILS

Aldes Jacaranda

3 members
30 active mandates
Gauteng , Centurion
5 Edenvilla 80 Cambridge Road Clubview Centurion 0157
Centurion
0181

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