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?
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?
Is there an option of renewal & what period?
Yes, 2 years
What is the annual escalation %?
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?
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?
Are they presently insured?
Yes they are
This is a well known Franchise Brand. This Business has a very big database. High Profits in this industry.
Heavily dependant on fully trained and skilled staff.
Employ more Sales Reps Outsource Installers
What is the reason for the sale?
The Owners want to relocate and also considering immigrating.
Why is this a good business?
Large client base with large secured territory. This business is part of a well known franchise group.
What is the price plus stock and the net profit?
Selling for R3 500 000 as a going concern - pay back period 35 months with a ROI of 34.2%.
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