"Selling your business is our business"
"Selling your business is our business"
Fully describe the business's activities?
A Consulting agency that services the logistics industry through an in-depth knowledge of the National Road Traffic Act, with the guidelines of the TRH11 for all permit and compliance needs for abnormal vehicles and loads. Abnormal transport is essentially the transportation of objects that exceed the legal limit in both weight and dimensions. Various abnormal load cargo that gets transported must follow specific regulations. Services include Natis Registration specifically aimed at MIBâs (Manufacturerâs/ Importers / Builders) so that they will be able to obtain a Natis Model number. Principal Approval Applications, Licence Renewals, completing and (if required) submitting completed ALV forms at the prescribed licencing departments, New Vehicle Registrations, Special Classification, Arrangement of Route Surveys / Weigh Bridge Tickets etc for Super Loads, Exemption Permit Applications, Period Permits for Mobile Cranes / Abnormal Vehicle Combinations, AV Sequences / Registrations.
How long has the business been established?
2017
How long has the owner had the business?
Since inception
How does the business operate on a daily basis?
This business consults to the Abnormal fleet and logistics industry providing a complete offering from weigh bridge permits to cross border permits, special applications to period permits for mobile cranes and so much more. Small staff compliment with low overheads.
This business prides itself on service excellence and has a close
relationship with our clients. We believe in a hands-on approach. Although independent we assist our clients in
trouble shooting helping them steering their businesses in the right direction.
How are the clients attracted to the business?
- Mainly word of mouth.
- Website
What Advertising/Marketing is carried out?
Word of mouth
Website
Does the business have any contract work?
No
What competition exists?
Other independent consultants
How did the Covid-19 pandemic impact the business turnover / daily operations?
During Covid-19 level 5 the industry closed down but back to 44% business in level 4. Broke even in
June and resumed profits by September
What steps / actions have been taken to combat the effect of Covid-19 pandemic?
Special operational permits were obtained
Is the business VAT Registered?
No
Are there up-to-date Management Accounts available?
Available to qualified byers
What Balance Sheet and Income Statements are available?
Current management accounts
What percentage of the business is cash/credit?
100% cash
What is the age analysis of the debtors book?
No debtors book, purely cash up front.
How could the profitability of the business be improved?
Sales people to be hired that can generate new business, to include super loads and cross borders as
well as dedicating a registration department in order to penetrate the dealership fleet market
Is Seller finance available and for what amount?
No
What is the total staff complement?
1
Do any have management potential?
Current employee can be trained by seller to be equipped to take over the running and managing the day to day operations.
How involved is the Owner in running the business?
100% involvement
When does the current lease end?
The seller has an office at his home, business can be run from anywhere.
Strengths?
Strong Customer Relationships, Industry Knowledge, Internal Permit Application Software and
Solid Partnerships with service providers.
Weaknesses?
Low barriers to entry, however established relationships feed repeat business.
Government reliant.
Opportunities?
Consulting to corporate fleets.
What is the reason for the sale?
Owners are emigrating.
Why is this a good business?
Very profitable easy to grasp business with opportunity for constant growth in a niche market. Low overheads and low staff compliment.
What is the price plus stock and the profit?
R1650 000-00 all inclusive.
Annual Turnover Amount between R 500 thousand and R 6 million
