Sectors / Category

Annual turnover

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  • Mandate: 34257
  • Added: 01 Feb 2021
  • AFS
  • 310

Functional design and installation of plant equipment per customer production requirements

Gauteng, Johannesburg
310
Mandate 34257
Added 01 Feb 2021
R 2,700,000* ZAR
Stock: R 0
Assets: R 0
R 59,360 ZAR
Driekie Louw
Aldes Focus
Gauteng, Pretoria East
Gauteng, Pretoria East
Summary

From the design concept to the installation of paint and powder coating plants, industrial ventilation and process ovens and servicing thereof. Manufacturing is outsourced. Low overheads with a handful of staff members.

Functional design and installation of plant equipment per customer production requirements
SELLING PRICE AFS
R 2,700,000* ZAR
Stock: R0
Assets: R0
R 59,360 ZAR
Summary

From the design concept to the installation of paint and powder coating plants, industrial ventilation and process ovens and servicing thereof. Manufacturing is outsourced. Low overheads with a handful of staff members.

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Fully describe the business's activities?
Design and installation of paint plant equipment, industrial ventilation plants, industrial process ovens, paint spray booths. Servicing of spray booth and oven equipment. Manufacturing was done in house until 2019 and is now outsourced according to the business' own design. This business can either be integrated into an established metal manufacturing industry or as a contractor and consultant basis as is currently.

How long has the business been established?
Owner started the business in 1987

How does the business operate on a daily basis?
Massive footprint in the market and enjoy referrals from paint companies. Owner draws up quotes, drawings and tenders. Small installation team.

How are the clients attracted to the business?
Excellent Reputation Word of mouth

What Advertising/Marketing is carried out?
None other than website on internet

Does the business have any contract work?
Yes

What competition exists?
A very niche market with only two other competitors identified.

What are the seasonal trends?
Not much. Busiest times are in December when companies are on shutdown then their equipment is installed. This will require working weekends as needed.

How did the Covid-19 pandemic impact the business turnover / daily operations?
Business was closed from March to August 2020

What steps / actions have been taken to combat the effect of Covid-19 pandemic?
A lot of quotes were sent out.

Is the business VAT Registered?
Yes the business is registered for VAT

What Balance Sheet and Income Statements are available?
February 2020

What percentage of the business is cash/credit?
50% Deposit is payable upon acceptance of quote 40% upon delivery 10% on completion

What is the age analysis of the debtors book?
None

How could the profitability of the business be improved?
By doing the manufacturing inhouse

Is Seller finance available and for what amount?
No. Owner will avail himself for an extended handover to be negotiated with the correct buyer. Buyer should preferably be an engineer in sheet metal or related industry.

What is the total staff complement?
4 x Installation Team + Contractors

Give a breakdown of staff/ functions/ length of service?
1 x Foreman of 18 years who runs all installations and know how the equipment is manufactured 3 x installation one who's been with the company for 10 years and the other two for 6 months

Do any receive special perks or incentives?
Foreman uses bakkie.

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

When does the current lease end?
30 day notice period to be given

Is there an option of renewal & what period?
Can be negotiated

What are the main assets of the business?
2 x Bakkies: Hyundai 100 and MP200 Nissan General tools Drawing programs

Strengths?
Market leader Large footprint throughout Sub-Saharan Africa Good installation team and Foreman

Weaknesses?
No Manufacturing plant Full owner involvement

Opportunities?
Manufacture inhouse Owner available for extended handover

Threats?
COVID

What is the reason for the sale?
Owner wish to retire and emigrate

Why is this a good business?
Reputable name in the business with further projects in the pipeline. Good quoting platforms and systems Good contractors and suppliers. Room for growth

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FRANCHISE DETAILS

Aldes Focus

6 members
55 active mandates
Gauteng , Pretoria East
Menlyn Corporate Park - 4th Floor, Suite H2 175 Corobay Avenue Waterkloof Glen Pretoria , Pretoria East , Gauteng
Pretoria East
0081

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