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Annual turnover

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  • Mandate: 33256
  • Added: 24 Jun 2019
  • AFS
  • 696

Franchised Wholesale/ retailer Clothing/corporate gifts

Gauteng, Pretoria
696
Mandate 33256
Added 24 Jun 2019
R 500,000* ZAR
Stock: R 0
Assets: R 0
R 20,186 ZAR
Rory Miller
(PRINCIPAL)
Aldes Active
Gauteng
Summary

Franchise that specialises in the supply of customised clothing and gifts to corporate companies, SME's, government departments, schools, clubs and a wide variety of different customers from all walks of life in need of various clothing items and uniforms.

Franchised Wholesale/ retailer Clothing/corporate gifts
SELLING PRICE AFS
R 500,000* ZAR
Stock: R0
Assets: R0
R 20,186 ZAR
Summary

Franchise that specialises in the supply of customised clothing and gifts to corporate companies, SME's, government departments, schools, clubs and a wide variety of different customers from all walks of life in need of various clothing items and uniforms.

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Fully describe the business's activities?
This franchise specialises in the supply of corporate and customised clothing and gifts to corporate companies, SME's, government departments, schools, clubs and a wide variety of different customers from all walks of life in need of various clothing items and uniforms. All product is sourced via the franchisor and there is no product that cannot be dsource and supplied. The franchise is part of the leading and largest vertically integrated corporate and gift company in Africa.

How long has the business been established?
2018

How long has the owner had the business?
Franchise is owned by the franchisor

How does the business operate on a daily basis?
Clients will view and select what they need and then place orders. Items are supplied out of stock on hand and soruced from head office.

How are the clients attracted to the business?
Some advertising takes place via the head office. Due to age of business word of mouth, old clients result in orders.

What Advertising/Marketing is carried out?
This is done by the franchisor

What competition exists?
There are no franchised competitors

What are the seasonal trends?
Generally driven by the economy.

Is the business VAT Registered?
No

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

How could the profitability of the business be improved?
MOre local marketing

What is the total staff complement?
1 who runs the branch

How involved is the Owner in running the business?
No, this is currently a head office store

When does the current lease end?
There is no long lease currently, lease is month to month

What are the trading hours?
8-5

What is the square meters of the business?
95m2

What lease deposit and/or other surety is required?
1 month

What are the main assets of the business?
Fixtures and fittings

What is their overall condition?
Good

Strengths?
Well now head office,wide range of products, good supplier base, wide ranging revenue stream

Opportunities?
Increase local marketing

Threats?
Economy

What is the reason for the sale?
Seller immigrating

Why is this a good business?
Lots of opportunity, can run off head office, low investment

What is the price plus stock and the net profit?
R500k net av R20k pm

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FRANCHISE DETAILS

Aldes Active

1 members
18 active mandates
Gauteng
Postnet Suite 129, Post Box 92418
2117

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