Sectors / Category

Annual turnover

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  • Mandate: 32120
  • Added: 17 Sep 2018
  • 416

Wholesale and retail of ironmongery

Gauteng, Johannesburg
416
Mandate 32120
Added 17 Sep 2018
R 1,050,000* ZAR
Stock: R 500,000
Assets: R 300,000
R 21,991 ZAR
Louis Aucamp
(PRINCIPAL)
Aldes Pro
Gauteng
Summary

Selling handles, hinges and other hardware to public and constructers

Wholesale and retail of ironmongery
SELLING PRICE
R 1,050,000* ZAR
Stock: R500,000
Assets: R300,000
R 21,991 ZAR
Summary

Selling handles, hinges and other hardware to public and constructers

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Fully describe the business's activities?
Wholesale and retail of ironmongery i.e all finishes for houses. This mainly includes handles and hinges but also includes plumbing, electrical, hardware

How long has the business been established?
14 years

How long has the owner had the business?
3 years

How does the business operate on a daily basis?
Opening store in the morning and selling to people who walk in.

How are the clients attracted to the business?
Online web, social media, Flyers

What Advertising/Marketing is carried out?
Social media, and flyers

Does the business have any contract work?
No

What competition exists?
Lots of competitors in the market

What are the seasonal trends?
None

Is the business VAT Registered?
Yes

What VAT documentation is on file?
Yes

Are there up-to-date Management Accounts available?
Yes 2018

What Balance Sheet and Income Statements are available?
Yes

What is the age analysis of the debtors book?
No debtors

How could the profitability of the business be improved?
Expand offering to public

Is Seller finance available and for what amount?
no

What is the ROI?
25

What is the total staff complement?
3

Give a breakdown of staff/ functions/ length of service?
Manager Sales Security

Do any receive special perks or incentives?
no

Are they on contract?
yes

Do any have management potential?
yes manager

How involved is the Owner in running the business?
Comes in on daily basis

When does the current lease end?
Need to negotiate new lease

Is there an option of renewal & what period?
yes

What is the annual escalation %?
Negotiable

What are the trading hours?
8 to 4.30

Do you require a licence?
no

What are the main assets of the business?
Displays and computer equipment

Are any items not included in the sale?
no

What is their overall condition?
good

Do any require repairing?
no

How have they been valued ?
Owner

Strengths?
Good location in middel of developments Sell good quality and big veriety

Weaknesses?
People are turning to buy according to price not quality

Opportunities?
Add plumbing and electrical

Threats?
Economy

What is the reason for the sale?
Owner needs to spend time with other businesses

Why is this a good business?
Quality goods and sells what is in demand

What is the price plus stock and the net profit?
R1 050 000 including stock.

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FRANCHISE DETAILS

Aldes Pro

2 members
20 active mandates
Gauteng
Malcolm Road
0000

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