Fully describe the business's activities?
Interactive and 360 degree Photographic Virtual Tours and Google Streetview advertising and marketing for retail businesses, motor dealerships, wholesale warehouses, property sales etc. Full training is given to new owners, countrywide, as well as the telesales person that is to be employed for the branch.
How long has the business been established?
The business has been in existence for 6 years in Gauteng with good success and this is an opportunity to invest in a branch in your area.
How does the business operate on a daily basis?
The telesales person will make appointments and normally concludes the sale and signs up the client. The owner then meets the client to film and video the premises and/or products.
How are the clients attracted to the business?
There is a fully trained Telesales person dedicated to each branch. Google Adwords is also used.
Does the business have any contract work?
Yes. The business works on a monthly billing basis with its clients for Interactive Tours etc with a 12 month agreement and thereafter monthly. The Google Street view billing is a once-off payment.
What competition exists?
This business is probably the biggest in the country in this field and is the market leader.
What are the seasonal trends?
The business operates strongly throughout the year. December has the normal quieter period for the last 2 weeks of the year.
Are there up-to-date Management Accounts available?
Yes, projections are provided based on 6 years of trading.
What percentage of the business is cash/credit?
Clients pay by EFT.
Is Seller finance available and for what amount?
The Seller is asking FOR R350 000 for a 50% share of the business. Head Office will immediatley put R60 000 back into the business for cash flow so that THE equipment can be purchased and a salary paid to the Telesales person for the first 3 months as well as covering other normal operating expenses, including an amount for the new owner.
What is the total staff complement?
Only a Telesales person plus the owner are needed in the business initially. If after 6 or 7 months the business has moved to 3 or 4 appointments a day then another person can be added for filming etc. These staff can be added as the business grows.
Are they on contract?
Yes, the Telesales person or any additional staff will have letters of appointment.
How involved is the Owner in running the business?
The owner will be involved 100% of the time for at least the 1st year.
When does the current lease end?
This is a work-from-home opportunity.
What are the trading hours?
Monday to Friday: 8.00 am to 4.30 pm.
What are the main assets of the business?
Laptop for the owner, Laptop for the Telesales person, virtual reality camera and equipment and uncapped internet.
This is a unique business being safe and covenient for assisting your clients with marketing - even through Covid lockdowns. It showcases your business and products to anyone, anywhere virtually.
None really. This is the advertising/marketing medium of the future.
This product assists with selling and marketing of products and augments sales and assists in upselling. It is a natural add-on to any comapany's marketing and sales strategy and at minimal cost.
Normal economic conditions but this is an affordable product for all businesses.
What is the reason for the sale?
The Head Office in Gauteng is on a growth trajectory and wants to pursue opportunities of branches to be purchased in all the major metropolitan areas: Johanneburg, Pretoria, Cape Town Durban, Port Elizabeth, East London, Bloemfontein and also provinces such as Mpumalanga, Northwest, Limpopo, Northern Cape. There are limited branches per metropolitan area or province.
Why is this a good business?
Head Office has seen growth of up to 45% recently.
What is the price plus stock and the profit?
The price is R350 000 for the business at a 50% ownership together with Head Office owning the other 50%. R60 000 will be put straight back into the business by Head Office in the 1st month to ensure purchase of equipment and payment of expenses and the salary of the Telesales person and a small salary for the new owner. Full training is provided to the new owner and Telesales person. Head Office is with you throughout the start-up and growth phases as your partner.
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