Sectors / Category

Annual turnover

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  • Mandate: 33875
  • Added: 12 Feb 2020
  • AFS
  • 154

Well established, Internet based, On-Line, Work from Home, Gas Appliance sales and fitment

Gauteng, Johannesburg
154
Mandate 33875
Added 12 Feb 2020
R 1,750,000* ZAR
Stock: R 20,000
Assets: R 0
R 76,486 ZAR
Andre Botha
(PRINCIPAL)
Aldes Pro
Gauteng
Summary

The Business is managed by the owner and one staff member. Very little risk and much opportunity for expansion. It is well established over 8 years and services a wide area. Profitability is good with a low cost base. Ideal to operate from home in any area.

SELLING PRICE AFS
R 1,750,000* ZAR
Stock: R20,000
Assets: R0
R 76,486 ZAR
Summary

The Business is managed by the owner and one staff member. Very little risk and much opportunity for expansion. It is well established over 8 years and services a wide area. Profitability is good with a low cost base. Ideal to operate from home in any area.

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Fully describe the business's activities?
We are Retailers of gas appliances as well as certified installers of all your gas and gas line requirements: Whether your project includes a new gas stove, hot tub, water heater,or fireplace, we will help you successfully complete it by installing a gas line that works with any appliance you have in mind. We offer a range of services such as: New Gas line Installations indoor and Outdoor, Upgrading and Inspection of Existing Gas Lines, Repairs and Servicing of Existing Gas lines Issuing of certificates of compliance, All installations are done to SANS 10087-7 standards, Consultation on placement of cylinders, size and quantity.

How long has the business been established?
Since 2012

How long has the owner had the business?
The owner started the Business

How does the business operate on a daily basis?
The business is an internet based on line business. 90% of its leads / sales are done on-line.

How are the clients attracted to the business?
A fair amount of the installation are due to units that were actually sold by the business. Website Facebook Reputation Referrals Property developers Estate agents

Does the business have any contract work?
No specific contracts are in place but the are connected to certain Estate agents, property developers etc.

What competition exists?
Other Installers

What is the total staff complement?
Owner plus one other, who does deliveries and and mainly performs the actual installations which is signed off by the owner.

Give a breakdown of staff/ functions/ length of service?
Since inception

Are they on contract?
Yes

Do any have management potential?
Yes

How involved is the Owner in running the business?
The owner is involved on a daily basis.

Who is the Owner/Landlord?
The business operates from home. Due to customer demand an area of 4 x 4 meters was changed to a showroom for those clients who wishes to see the product before installation.

Do you require a licence?
Although the seller have had the business for 8 years, he only recently did a 2 week course to be accredited for signing off Gas installations. There are several individuals who's services one can make use of, who will inspect your work and issue a compliance certificate at a price of +- R500, this in case the purchaser of the business is not qualified or intends not to qualify. The assistant however is not qualified to sign off the installment but does most of the actual physical installations himself.

What are the main assets of the business?
+- R20000 of stock which is display units. 1 x small delivery vehicle.

Are any items not included in the sale?
Vehicle and display units are included.

Strengths?
This is a business that can be operated from home as is currently the case. Profitability is good and expenses are low. Not much space needed as the display room is not essential.

Weaknesses?
It will be beneficial if the new owner is also qualified to issue compliance certificates on his own company installations.

Opportunities?
May other avenues to expand as it is a growing market.

What is the reason for the sale?
Emigration

Why is this a good business?
Easy too manage, low staff compliment and great returns even on slow months as opex is low.

What is the price plus stock and the profit?
R1750m including stock of R20k. This excludes other operating capital such as creditors and debtors which will be paid and collected by the seller. Profitability shown is before owners drawings, which is usually R40k per month.

FRANCHISE DETAILS

Aldes Pro

2 members
20 active mandates
Gauteng
Malcolm Road
0000

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