Sectors / Category

Annual turnover

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  • Mandate: 34708
  • Added: 28 May 2021
  • AFS
  • 403

Rehabilitation and Recovery Centre

Gauteng, Johannesburg
403
Mandate 34708
Added 28 May 2021
R 1,700,000* ZAR
Stock: R 0
Assets: R 675,277
R 59,785 ZAR
Frank Schrempel
Aldes Orion
Gauteng, Pretoria East
Gauteng, Pretoria East
Summary

The recovery centre is well known and respected and as a result in high demand with the various service providers and clients. They have been established for thirteen years and developed an enviable reputation during that time.

Rehabilitation and Recovery Centre
SELLING PRICE AFS
R 1,700,000* ZAR
Stock: R0
Assets: R675,277
R 59,785 ZAR
Summary

The recovery centre is well known and respected and as a result in high demand with the various service providers and clients. They have been established for thirteen years and developed an enviable reputation during that time.

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Fully describe the business's activities?
Alcohol and drug rehabilitation and recovery centre with inpatient and secondary care The recovery centre is well known and respected and as a result in high demand with the various service providers and clients. They have been established for thirteen years and developed an enviable reputation during that time. The business is well-staffed with most staff having been with the business for longer periods of time. In addition to a large base of clients, growth is mainly by word of mouth between clients as well as service providers that refer clients to the centre, as a result, the owner really does not have to do any advertising. They have their Practice Number facilitating reimbursements by the medical schemes, then also the appropriate license for a Recovery Centre is also in place.

How long has the business been established?
13 Years

How long has the owner had the business?
13 Years

How does the business operate on a daily basis?
The business well staffed and while the owner is involved in the business, this does not preclude the owner from going on leave for extended periods with the staff performing all the required functions to run the centre.

How are the clients attracted to the business?
The services offered, referrals by hospitals and various medical practitioners. Due to its excellent reputation there is also a substantial word of mouth referral taking place

What Advertising/Marketing is carried out?
The centre has its own very nice website describing the services offered by the rehabilitation centre as well as its location, the bulk is but referral and word of mouth.

Does the business have any contract work?
Various hospitals and clinics

What competition exists?
Various other rehabilitation centres also operate in this space

What are the seasonal trends?
There are no seasonal trends as there is a constant demand for the services

How did the Covid-19 pandemic impact the business turnover / daily operations?
Closed for one month due to a positive case

What steps / actions have been taken to combat the effect of Covid-19 pandemic?
As required by regulations

Is the business VAT Registered?
No

Are there up-to-date Management Accounts available?
Yes

What Balance Sheet and Income Statements are available?
AFS 2021

How could the profitability of the business be improved?
Grow outpatient and aftercare

What is the total staff complement?
Seven staff

Give a breakdown of staff/ functions/ length of service?
A full break down will be made available to qualifying buyers

Do any receive special perks or incentives?
None

Do any have management potential?
Yes, at least two staff members assist and get involved in management

Any special arrangements for the staff related to the Covid-19 pandemic?
No

When does the current lease end?
The current lease ends October 2021

Is there an option of renewal & what period?
Yes, year to year lease is available

What is the annual escalation %?
10%

What are the trading hours?
The centre operates 24 hours a day as is normal for these businesses

Is a copy of the lease available?
Yes to qualifying buyers

Do you require a licence?
Yes the appropriate license to run such a facility, will be discussed with qualifying buyers though likely the buyers will know what is required

What lease deposit and/or other surety is required?
Currently R37,500

What are the main assets of the business?
Asset list will be prepared for qualifying buyers

What is their overall condition?
Good condition

Do any require repairing?
No

Are they presently insured?
Yes

Strengths?
The business has a practise number for claims from medical schemes Reputation in the marketplace with both professionals and clients Staff in the business

Weaknesses?
Exposure to potential Covid positive people

Opportunities?
There are various avenues of opportunity that can be explored that will be discussed with qualifying buyers

Threats?
None identified

What is the reason for the sale?
The seller will be immigrating

Why is this a good business?
This is a well-established business with an excellent reputation in the marketplace. Medical professionals are keen to refer patients to the facility and they have their pick of which patients they will accept.

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AGENCY DETAILS

Aldes Orion

2 members
12 mandates
Gauteng , Pretoria East
108 Lynburn Rd, Lynnwood Manor
Pretoria East
0081

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