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Annual turnover

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  • Mandate: 34196
  • Added: 04 Sep 2020
  • AFS
  • 1326

Postal and Courier Services Franchise

Gauteng, Other
1326
Mandate 34196
Added 04 Sep 2020
R 160,000* ZAR
Stock: R 10,000
Assets: R 50,000
R 18,921 ZAR
Andre Botha
(PRINCIPAL)
Aldes Pro
Gauteng
Summary

Postal services Franchise - 3@1 Vaal triangle

Postal and Courier Services Franchise
SELLING PRICE AFS
R 160,000* ZAR
Stock: R10,000
Assets: R50,000
R 18,921 ZAR
Summary

Postal services Franchise - 3@1 Vaal triangle

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Fully describe the business's activities?
The Business is a 3@1 Franchise in the Vanderbijlpark area. The business is manned by one employee, together with the owner. The business is currently running at a small loss but can be turned around by a new owner dedicated to growing it on a day to day basis and back to where it was prior to lockdown. THE SALES, EXPENSES AND NETT PROFIT SHOWN IS FOR THE 12 MONTH PERIOD OF MARCH 2019 TO FEBRUARY 2020. This therefore indicates the potential of the business pre-lockdown. Discussions on current performance and potential can be done with the seller during viewing. The Centre is very busy with lots of feet and large retail brands in the centre.

How long has the business been established?
5 years

How long has the owner had the business?
3 years

How did the Covid-19 pandemic impact the business turnover / daily operations?
The business was effected by covid therefore running at a small loss but should bounce back to normal trading soon.

Is the business VAT Registered?
No

Are there up-to-date Management Accounts available?
No

What percentage of the business is cash/credit?
100% cash/ credit card

Is Seller finance available and for what amount?
No

What is the total staff complement?
1 x employee

How involved is the Owner in running the business?
Daily

What are the main assets of the business?
Copiers , computors, etc etc

Do any require repairing?
All are in excellent condition

Which assets are on lease/HP and with whom?
There are various machines on lease.

Will Seller settle or Buyer to take over?
The buyer will take over these equipment leases.

Are copies of agreements available?
Yes

Strengths?
Good neat little operation well situated in a good shopping centre with easy access from parking lot.

What is the reason for the sale?
The seller wishes to exit.

Why is this a good business?
Good opportunity for a single opertator.

What is the price plus stock and the profit?
R150k plus stock of +- R10k

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FRANCHISE DETAILS

Aldes Pro

3 members
24 active mandates
Gauteng
Malcolm Road
0000

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