Sectors / Category

Annual turnover

|
  • Mandate: 34012
  • Added: 23 Apr 2020
  • AFS
  • 517

Industry leading entity selling and servicing instrumental devices | Aldes Jacaranda

North West, North West
517
Mandate 34012
Added 23 Apr 2020
R 3,500,000* ZAR
Stock: R 250,000
Assets: R 784,000
R 124,146 ZAR
Johan Mouton
Aldes Jacaranda
Gauteng, Centurion
Gauteng, Centurion
Summary

An industry leading company in the North West providing quick delivery and excellent service of all state of the art instrumentation devices, which includes all the known brand names, to service all clients needs.

Industry leading entity selling and servicing instrumental devices  | Aldes Jacaranda
SELLING PRICE AFS
R 3,500,000* ZAR
Stock: R250,000
Assets: R784,000
R 124,146 ZAR
Summary

An industry leading company in the North West providing quick delivery and excellent service of all state of the art instrumentation devices, which includes all the known brand names, to service all clients needs.

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Fully describe the business's activities?
This entity covers all state of the art instrumentation devices which includes all the brand names to cover clients' needs. Service includes not only the sales of the product but also the installation thereof. In short the reseller, consultation, installations, sales, programming of instrumentation and electronica devices in mines, manufacturing businesses.

How long has the business been established?
Established by the owners in 2017

How long has the owner had the business?
The last 3 years

How are the clients attracted to the business?
Word of mouth and reps on the road.

What Advertising/Marketing is carried out?
Linkedin ,facebook and e mails

Does the business have any contract work?
Yes

What competition exists?
Some around the trading area

What are the seasonal trends?
Busy al year

Is the business VAT Registered?
yes

What VAT documentation is on file?
Will be provide on request

Are there up-to-date Management Accounts available?
Financials ending 28 Feb 2020

What Balance Sheet and Income Statements are available?
Financials ending 28 Feb 2020

What percentage of the business is cash/credit?
Mostly EFT payments

Is Seller finance available and for what amount?
No

What is the total staff complement?
7 staff members

Give a breakdown of staff/ functions/ length of service?
2 reps All other on contract basis

Do any receive special perks or incentives?
Only cell and petrol allowances for reps

Are they on contract?
yes

Do any have management potential?
No

How involved is the Owner in running the business?
Daily

When does the current lease end?
Rented, ending this yearend.

Is there an option of renewal & what period?
Yes for 3 years

What is the annual escalation %?
7% pj

What are the trading hours?
normal 8:00 to 7:00

What is the square meters of the business?
350 square meters

Is a copy of the lease available?
Yes on request

What lease deposit and/or other surety is required?
None

Are any items not included in the sale?
Sold lock stock and barrel

What is their overall condition?
Good Condition

How have they been valued ?
Owners valued

Which assets are on lease/HP and with whom?
All lease will be settled before hand

Strengths?
Well established business The client base is blue-chip company's.

Weaknesses?
needs a BEE company

Opportunities?
A Marketing plan needs to be updated. additional reps would grow business

Threats?
Mostly economical Treats.

What is the reason for the sale?
the seller wants to retire as he is at retirement age.

Why is this a good business?
A lot of opportunities for expansion in the market

What is the price plus stock and the profit?
Selling price is R3,500,000.00 including stock of R250 000 Profit R1,489,750.00 p.a

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FRANCHISE DETAILS

Aldes Jacaranda

2 members
17 active mandates
Gauteng , Centurion
14 Brook Crescent Midfield Estate Midstream Olifantsfontein
Centurion
0181

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