Sectors / Category

Annual turnover

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  • Mandate: 33911
  • Added: 21 Jul 2020
  • AFS
  • 1217

Profitable Logistics Business

Gauteng, Johannesburg
1217
Mandate 33911
Added 21 Jul 2020
R 3,600,000* ZAR
Stock: R 0
Assets: R 4,117,009
R 155,250 ZAR
Chris Ferguson
(PRINCIPAL)
Aldes Infinity
Gauteng, Midrand
Gauteng, Midrand
Summary

Established Long Haul Logistics Operation

Profitable Logistics Business
SELLING PRICE AFS
R 3,600,000* ZAR
Stock: R0
Assets: R4,117,009
R 155,250 ZAR
Summary

Established Long Haul Logistics Operation

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Fully describe the business's activities?
Long distance 1-34 Ton Loads Transportation Local Transportation Overnight Loads Pelletized Cargo Bulk Bags Tautliner Trailer Loads

How long has the business been established?
12 YEARS

How long has the owner had the business?
12 YEARS

How does the business operate on a daily basis?
Owner manages the operations from a home office, with the drivers operating the vehicles across the country. Trucks are stored at overnight Truck Depots.

How are the clients attracted to the business?
Website Word of Mouth Facebook Instagram

Does the business have any contract work?
Yes, will be disclosed during due diligence

How did the Covid-19 pandemic impact the business turnover / daily operations?
Before the pandemic / lockdown started, we were transporting a range of goods, from food, to tiles, to buckets etc. When lockdown occurred we continued to transport food as an essential item. Due to the number of transporters and limited loads available that were classified as essential, the loads were more widely spread out, therefore the industry as a whole has less loads; however with one of our main clients, we continued to load food, and thus we were not too negatively impacted. We also started loading hospital beds in this time; therefore overall impact was fairly minimal.

What steps / actions have been taken to combat the effect of Covid-19 pandemic?
The business is fully remotely operational; meaning it can be run from any remote offices / work from home if need be. The tracking and loading systems are loaded onto cell phones and laptops, and can be managed from anywhere. All staff have been provided with necessary masks and sanitizers; they have been instructed to regularly wash their hands where possible / sanitize; as well as remain in their vehicles as much as possible, and social distancing implemented together with wearing of masks at clients / loading / offloading sites. All paperwork is handled with necessary precautions taken.

Is the business VAT Registered?
Yes, will be disclosed during Due Diligence.

What VAT documentation is on file?
Yes, will be disclosed during Due Diligence.

Are there up-to-date Management Accounts available?
Yes, will be disclosed during Due Diligence.

What Balance Sheet and Income Statements are available?
Yes, will be disclosed during Due Diligence.

What percentage of the business is cash/credit?
100% 30 day account

What is the total staff complement?
3 Drivers and 1 mechanic

Are they on contract?
Yes, will be disclosed during Due Diligence.

How involved is the Owner in running the business?
100% involved

Any special arrangements for the staff related to the Covid-19 pandemic?
Yes, will be disclosed during Due Diligence.

What are the main assets of the business?
Will be disclosed during due diligence

Which assets are on lease/HP and with whom?
Yes, will be disclosed during due diligence

Will Seller settle or Buyer to take over?
Yes, will be paid in full

Are they presently insured?
Yes all is insured

What is the reason for the sale?
Seller is moving overseas

Why is this a good business?
Well established business, ideally positioned for logistical reach all over South-Africa.

What is the price plus stock and the profit?
R3,600,000.00 nett Profit R1,863,000.00

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FRANCHISE DETAILS

Aldes Infinity

1 members
10 active mandates
Gauteng , Midrand
No 10 MT Boreas Midlands Office Park Midstream 1692
Midrand

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