Fully describe the business's activities?
Design and Printing Business with Brick and Mortar and E-Commerce Business Model
How long has the business been established?
Who is the target market?
Broad target market for printed materials with special focus on business community
What is the unique value proposition of the business?
Top Quality, Large Format Printing, Quality Machines
What Products and Services are Offered/Provided?
Range of printed products, such as Correx, Labels, Decor and Interior, Outdoor Display, Photography Products, Corporate Gifts, Car Wrapping, Roll Media, Road Signage, Canvass etc.
How are the clients attracted to the business?
Word of Mouth, Facebook, Historic Relationships
What Advertising/Marketing is carried out?
Visible Involvements, Historical Relationships, Vehicle Branding
What competition exists?
There are printing businesses in the market currently
How did the Covid-19 pandemic impact the business turnover / daily operations?
Dropped by 50%
What steps / actions have been taken to combat the effect of Covid-19 pandemic?
Similar to most other businesses personal hygiene and social distancing
Is the business VAT Registered?
What VAT documentation is on file?
16 years of financial data on file
Are there up-to-date Management Accounts available?
Detailed monthly revenue and cost lines available
What percentage of the business is cash/credit?
Mostly cash, larger corporates on 30 days
How could the profitability of the business be improved?
Focus and refreshed attention on business development will increase turnover. New online store holds great potential.
Is Seller finance available and for what amount?
Seller wishes to receive full amount and therefore not open to financing arrangements
What is the total staff complement?
Five Staff Members
Give a breakdown of staff/ functions/ length of service?
All more than 3 Years, currently on monthly contracts
Are they on contract?
Month to Month Contracts
Do any have management potential?
Yes several have management potential
How involved is the Owner in running the business?
Fully Involved and Hands-On
Any special arrangements for the staff related to the Covid-19 pandemic?
When does the current lease end?
The building is owned by current Owner, long term lease can be signed
Is there an option of renewal & what period?
This will be dependent if buyer wishes to enter into lease agreement with current owner
What are the trading hours?
Monday to Friday 08:00 to 17:00
What is the square meters of the business?
Do you require a licence?
What lease deposit and/or other surety is required?
Should buyer enter into lease with building owner then the standard 2 months will apply
What are the main assets of the business?
Printing machines and materials - Asset List Available
What is their overall condition?
All equipment is fully serviced with service agreements in place, thus all in excellent condition
How have they been valued ?
Seventy Percent of replacement value
Consistency over years, current business network and quality of products and services offered
The current owner attention is on other business ventures, hence new owner could eliminate this weakness
Open mindset of new owner to actively market and engage with existing base presents great opportunities. Continued e-Commerce development.
Small signage vendors, however the target market of this business can overcome this threat
What is the reason for the sale?
Owner involvement in other businesses
Why is this a good business?
This is a well established business with assets that are in good condition, refreshed owner involvement will produce benefits that will positively impact the bottomline
What is the price plus stock and the profit?
R2,468,489 that includes R2,2m in assets and equipment. (Excluding VAT where applicable)
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