Sectors / Category

Annual turnover

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  • Mandate: 33662
  • Added: 04 Nov 2019
  • AFS
  • 605

3@1 Franchise

Gauteng, Johannesburg
605
Mandate 33662
Added 04 Nov 2019
R 1,250,000* ZAR
Stock: R 0
Assets: R 0
R 48,293 ZAR
Rory Miller
(PRINCIPAL)
Aldes Active
Gauteng
Summary

Well established store, in good mall, trained staff, loyal customer base

3@1 Franchise
SELLING PRICE AFS
R 1,250,000* ZAR
Stock: R0
Assets: R0
R 48,293 ZAR
Summary

Well established store, in good mall, trained staff, loyal customer base

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Fully describe the business's activities?
Well established 3@1 business service centre in major mall. Although family run 3 other staff are employed. Full range of business sevices offered, together with sale of products that support businesses.

How long has the business been established?
Since 2004

How long has the owner had the business?
Since inception

How does the business operate on a daily basis?
Business will use the centre for a variety of business services. Business also supports the printing of school projects, tender documents, making of copies etc.

How are the clients attracted to the business?
Word of mouth, facebook, advertising in the mall, repeat customers

Does the business have any contract work?
no

What competition exists?
There are other competitors however the business is so well established these are not an immediate threat

Is the business VAT Registered?
Yes

What VAT documentation is on file?
Yes

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

What percentage of the business is cash/credit?
Cash 38%, card 53% debtors 9&

What is the age analysis of the debtors book?
30 days and a small contributor

How could the profitability of the business be improved?
Extend the services offered

What is the total staff complement?
3 plus a casual and owners

How involved is the Owner in running the business?
Daily

When does the current lease end?
2024

Is there an option of renewal & what period?
Yes

What is the annual escalation %?
7%

What are the trading hours?
Mon - Thurs 9-7; Fr 9-9, Sat 9-7, Sun 9-5

What is the square meters of the business?
63M2

Is a copy of the lease available?
Yes

Do you require a licence?
Franchise agreement

What lease deposit and/or other surety is required?
TBC

What are the main assets of the business?
Operating equipments, copiers, pc's, motor vehicle

Strengths?
Well established business, a franchise, loyal customers, trained staff, clients also tenants of the mall, new equipment, genrators

Weaknesses?
Needs new energy

Opportunities?
Outsource large printing, re-start postal services, introduce new services

Threats?
Oversaturation of business, economy, price undercutting

What is the reason for the sale?
Owners are retiring

Why is this a good business?
Well established, trained staff, good customer base, loaction

What is the price plus stock and the profit?
R1,250 all in

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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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