Sectors / Category

Annual turnover

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  • Mandate: 34245
  • Added: 05 Jul 2021
  • AFS
  • 828

Print Business with e-Commerce Website, Potchefstroom

North West, North West
828
Mandate 34245
Added 05 Jul 2021
R 2,469,449* ZAR
Stock: R 0
Assets: R 1,744,499
R 46,054 ZAR
Frans Joubert
(PRINCIPAL)
Aldes Potchefstroom
North West, Potchefstroom
North West, Potchefstroom
Summary

Print business that supplies high quality printing to largely business customers

Print Business with e-Commerce Website, Potchefstroom
SELLING PRICE AFS
R 2,469,449* ZAR
Stock: R0
Assets: R1,744,499
R 46,054 ZAR
Summary

Print business that supplies high quality printing to largely business customers

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please supply us with your details below

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?
Fourteen Years

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?
No

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?
No

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?
200 m2

Do you require a licence?
No

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

Strengths?
Consistency over years, current business network and quality of products and services offered

Weaknesses?
The current owner attention is on other business ventures, hence new owner could eliminate this weakness

Opportunities?
Open mindset of new owner to actively market and engage with existing base presents great opportunities. Continued e-Commerce development.

Threats?
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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AGENCY DETAILS

Aldes Potchefstroom

1 members
40 mandates
North West , Potchefstroom
Mia Meent Unit 3 6 Fick Street Potchefstroom
Potchefstroom

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