Sectors / Category

Annual turnover

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  • Mandate: 34445
  • Added: 03 Feb 2021
  • AFS
  • 73

Suppliers and Manufactures of branded head gear

Gauteng, Pretoria
73
Mandate 34445
Added 03 Feb 2021
R 1,328,000* ZAR
Stock: R 28,000
Assets: R 177,000
R 39,825 ZAR
Johan Mouton
Aldes Focus
Gauteng, Pretoria East
Gauteng, Pretoria East
Summary

This small factory manufactures branded headwear and accessories

Suppliers and Manufactures of branded head gear
SELLING PRICE AFS
R 1,328,000* ZAR
Stock: R28,000
Assets: R177,000
R 39,825 ZAR
Summary

This small factory manufactures branded headwear and accessories

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Fully describe the business's activities?
This business manufactures and supply personally branded head gear, beanies, scarves, caps and other accessories.

How long has the business been established?
Established in 1979 out of a Garage.

How long has the owner had the business?
From 2010

How does the business operate on a daily basis?
Owner manage. Open and close daily by the owner.

How are the clients attracted to the business?
They have a website, but have an established client base from 1979. The quality of their manufactured products and word of mouth attract buyers

What Advertising/Marketing is carried out?
Mainly website and word of mouth

What are the seasonal trends?
None we cab perceive

How did the Covid-19 pandemic impact the business turnover / daily operations?
They were closed for 1 month. Sale have drop as they trade client base is in the Tourism industry. But they are expanding into the retail markets

What steps / actions have been taken to combat the effect of Covid-19 pandemic?
They are expanding into retail market

Is the business VAT Registered?
Yes

Are there up-to-date Management Accounts available?
We have a income and expenses statement from Sept 2019 til Des 2020

What percentage of the business is cash/credit?
Mostly Eft and card transactions.

What is the age analysis of the debtors book?
None

How could the profitability of the business be improved?
Retail market could improve sales and profitability

What is the total staff complement?
The total staff complement is 4

Give a breakdown of staff/ functions/ length of service?
2 x seamstresses 2 x General workers

Are they on contract?
Al contracted according to labour laws

How involved is the Owner in running the business?
Daily. open and closes.

When does the current lease end?
Rented on a monthly bases.

Is there an option of renewal & what period?
Yes.

What is the annual escalation %?
Normal 10%

What are the trading hours?
8hoo to 17hoo

What is the square meters of the business?
100 square meters

What are the main assets of the business?
Stock and Machinery for this type of industry Stock holding is around R28 000 Assets owner valued R177 000

What is their overall condition?
Well maintained

Do any require repairing?
No

Are they presently insured?
Yes

Strengths?
This manufacturers is well established. Have a very good client base. Low rent and a small employee base Delivers high quality products

Weaknesses?
Mostly economically

Opportunities?
Expansion into retail markets will grow and increase profits

Threats?
None we can perceive

What is the reason for the sale?
The seller wants to Immigrate

Why is this a good business?
This Business have a low rental expense and small staff complement. Show a good profit and established client base.

What is the price plus stock and the profit?
Stock R28000 Profit R39825 pm Assets R177 000

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AGENCY DETAILS

Aldes Focus

7 members
56 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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