Sectors / Category

Annual turnover

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  • Mandate: 34639
  • Added: 03 May 2021
  • AFS
  • 147

Established supplier to the healthcare industry.

Gauteng, Midrand Area
147
Mandate 34639
Added 03 May 2021
R 14,750,137* ZAR
Stock: R 1,250,137
Assets: R 3,535,480
R 418,190 ZAR
Peter Kind
(PRINCIPAL)
Aldes Platinum
Gauteng, Midrand
Gauteng, Midrand
Summary

This is a well established company specialising in the supply of equipment and consumables to the healthcare industry in South Africa and surrounding countries.

SELLING PRICE AFS
R 14,750,137* ZAR
Stock: R1,250,137
Assets: R3,535,480
R 418,190 ZAR
Summary

This is a well established company specialising in the supply of equipment and consumables to the healthcare industry in South Africa and surrounding countries.

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Fully describe the business's activities?
Manufacture and supply of surgical consumables.

How long has the business been established?
9 years

How long has the owner had the business?
Since inception

How does the business operate on a daily basis?
Produce, supply and deliver surgical and healthcare products to hospitals and other healthcare providers.

How are the clients attracted to the business?
Key account marketing. Website Well known in the industry.

What Advertising/Marketing is carried out?
Website and online store. Word of mouth Key account management

Does the business have any contract work?
No.

What competition exists?
There are various suppliers but products are unique to certain aspects.

What are the seasonal trends?
No seasonal trends.

How did the Covid-19 pandemic impact the business turnover / daily operations?
Being an essential service covid had a positive impact on turnover.

What steps / actions have been taken to combat the effect of Covid-19 pandemic?
Harnessing the increase in demand.

Is the business VAT Registered?
Yes.

What VAT documentation is on file?
All up to date records on file.

What Balance Sheet and Income Statements are available?
2017 to 2020 available. Current management accounts are available.

What percentage of the business is cash/credit?
Most transactions are 30 to 60 days.

What is the age analysis of the debtors book?
Mostly in 30 or 60 days. Some small bad debts which needed to be written off.

How could the profitability of the business be improved?
Scale up – Tenders, corporate hospital groups ( we do not have a presence due to BEE level).

Is Seller finance available and for what amount?
No.

What is the total staff complement?
10

Give a breakdown of staff/ functions/ length of service?
Payroll breakdown available to qualified buyers.

Are they on contract?
Yes, all staff on permanent contracts. Depending on workload casual labour is occasionally used.

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

When does the current lease end?
2025

Is there an option of renewal & what period?
Yes, 3 to 5 years.

What is the annual escalation %?
10%

What are the trading hours?
7am to 4pm.

What is the square meters of the business?
680sqm

Is a copy of the lease available?
Yes.

Do you require a licence?
Yes.

What lease deposit and/or other surety is required?
3 months rental

What are the main assets of the business?
Stock, equipment and vehicles.

Are any items not included in the sale?
No.

What is their overall condition?
Good working condition.

Do any require repairing?
No.

How have they been valued ?
Replacement value.

Which assets are on lease/HP and with whom?
Vehicles.

What are their settlement amounts?
+/- 350k

Will Seller settle or Buyer to take over?
Buyer to take over.

Are copies of agreements available?
Yes.

Are they presently insured?
All assets comprehensively insured.

Strengths?
Manufacturing, Import licence, SAHPRA licence for Class B medical devices.

Weaknesses?
BEE level.

Opportunities?
Scale ability to Tender and corporate hospital groups.

Threats?
Direct importation (but with our import licence and SAHPRA Licence we could combat this).

What is the reason for the sale?
Retirement/emigration.

Why is this a good business?
This is a well established company showing exceptional growth. An improved BEE level will see an already cash flush business reach new heights.Fully compliant in a highly regulated industry.

What is the price plus stock and the profit?
R13 500 000-00 excluding stock, including fixed assets and IP (registered dossiers).

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FRANCHISE DETAILS

Aldes Platinum

1 members
16 active mandates
Gauteng , Midrand
8 Baltoro Crescent Midstream Hill
Midrand
0157

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