Sectors / Category

Annual turnover

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  • Mandate: 34757
  • Added: 23 Jul 2021
  • 242

Chemical Product Manufacturer with Retail including Packaging Products in Riversdale

Western Cape, Other
242
Mandate 34757
Added 23 Jul 2021
R 1,630,000* ZAR
Stock: R 500,000
Assets: R 100,000
R 48,501 ZAR
Werner van Niekerk
(PRINCIPAL)
Aldes Pinnacle
Western Cape, Riversdale
Western Cape, Riversdale
Summary

This business produces mainly cleaning and sanitizing chemical products that is sold via a retail shop. Packaging products as well as various other products are also sold in the shop.

SELLING PRICE
R 1,630,000* ZAR
Stock: R500,000
Assets: R100,000
R 48,501 ZAR
Summary

This business produces mainly cleaning and sanitizing chemical products that is sold via a retail shop. Packaging products as well as various other products are also sold in the shop.

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Fully describe the business's activities?
This business produces mainly cleaning and sanitizing chemical products that is sold via a retail shop. Packaging products as well as various other products are also sold in the shop.

How long has the business been established?
4

How long has the owner had the business?
3

How does the business operate on a daily basis?
This business produces mainly cleaning and sanitizing chemical products that is sold via a retail shop. Packaging products as well as various other products are also sold in the shop.

How are the clients attracted to the business?
Walk in and word of mouth

What Advertising/Marketing is carried out?
None

Does the business have any contract work?
No

What competition exists?
None

What are the seasonal trends?
Festive season will see a slightly higher turnover

How did the Covid-19 pandemic impact the business turnover / daily operations?
Business was closed during certain lockdown restrictions.

Is the business VAT Registered?
Yes

What VAT documentation is on file?
All documents available

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

What Balance Sheet and Income Statements are available?
Audited management accounts

What percentage of the business is cash/credit?
100% cash

What is the age analysis of the debtors book?
NA

How could the profitability of the business be improved?
Currently no advertising is done. Also product ranges can be increased.

Is Seller finance available and for what amount?
No

What is the total staff complement?
3

Give a breakdown of staff/ functions/ length of service?
Cashier, Shop worker and Plant Operator

Do any receive special perks or incentives?
No

Are they on contract?
Yes

Do any have management potential?
No

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

Any special arrangements for the staff related to the Covid-19 pandemic?
NA

When does the current lease end?
NA

Is there an option of renewal & what period?
Must be negotiated with land owner

What is the annual escalation %?
Inflation

What are the trading hours?
07:30 - 17:00

Is a copy of the lease available?
No Lease in place. Verbal Agreement with landlord

Do you require a licence?
No

What lease deposit and/or other surety is required?
To be negotiated with landlord

What are the main assets of the business?
1 Delivery Vehicle

Are any items not included in the sale?
Yes delivery vehicle

What is their overall condition?
Good

Do any require repairing?
No

Which assets are on lease/HP and with whom?
Delivery Vehicle

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

Are copies of agreements available?
Yes

Are they presently insured?
Yes

Strengths?
This business is well established and has no other competition in the area

Weaknesses?
Business is not on any of the main shopping routes in town

Opportunities?
Marketing wil increase revenue as no marketing is currently done

Threats?
No formal lease in place

What is the reason for the sale?
Owner is pursuing other opportunities

Why is this a good business?
This business has a good track record and has ample growth potential

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AGENCY DETAILS

Aldes Pinnacle

1 members
3 mandates
Western Cape , Riversdale
12 Lobelia Street
Riversdale
6670

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