Sectors / Category

Annual turnover

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  • Mandate: 34784
  • Added: 14 Jul 2021
  • AFS
  • 253

A road transport freight business that delivers food products to clients in Mpumulanga from Gauteng

Gauteng, Other
253
Mandate 34784
Added 14 Jul 2021
R 2,250,000* ZAR
Stock: R 0
Assets: R 220,525
R 93,813 ZAR
Ian Tennant
(PRINCIPAL)
Aldes Egoli
Gauteng, Hartbeespoort
Gauteng, Hartbeespoort
Summary

This unique business provides a twice a week delivery service of meat processed products, direct from factory, to communities in Mpumulanga. This service is based upon a simple online ordering system for meat products, the fulfillment of these orders and the delivery of these products to an extensive database of clients in Mpumulanga. All deliveries are pre-ordered and pre-paid.

SELLING PRICE AFS
R 2,250,000* ZAR
Stock: R0
Assets: R220,525
R 93,813 ZAR
Summary

This unique business provides a twice a week delivery service of meat processed products, direct from factory, to communities in Mpumulanga. This service is based upon a simple online ordering system for meat products, the fulfillment of these orders and the delivery of these products to an extensive database of clients in Mpumulanga. All deliveries are pre-ordered and pre-paid.

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Fully describe the business's activities?
This is a unique freight business that distributes pre-ordered and paid for processed meat products to communities in Mpumulanga from the factory in Johannesburg. It has an extensive list of customers who order via Whatsapp. The business assets comprise a late model Mahindra pick-up truck and trailer. A driver is employed and deliveries are undertaken twice a week.

How long has the business been established?
It is in its 4th year of operations

How long has the owner had the business?
Since inception

How does the business operate on a daily basis?
7.00 to 18.00

How are the clients attracted to the business?
Word of mouth and referrals from the factory

Does the business have any contract work?
Yes

What competition exists?
No direct competition. The alternative for clients is return taxi transfers to Johannesburg to personally collect their product

What are the seasonal trends?
Constant demand but December and January are less busy

Is the business VAT Registered?
No

Are there up-to-date Management Accounts available?
Yes, with supporting bank statements

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

How could the profitability of the business be improved?
Grow client base (which continues to grow every month)

Is Seller finance available and for what amount?
No

What is the total staff complement?
Four that comprises the owner, driver and his assistant and admin clerk

Are they on contract?
No

How involved is the Owner in running the business?
Very involved as he manages the daily operations

When does the current lease end?
No applcable. The business is run from home

What are the trading hours?
Sales and administration - 7.00 to 18.00 daily Driver and assistant - work two days per week

Do you require a licence?
No

What are the main assets of the business?
The Mahindra pick-up truck and trailer

What is their overall condition?
Very good condition, 2020 models

Which assets are on lease/HP and with whom?
THe Mahindra is on HP which will be settled by the owner on sale of the business

What are their settlement amounts?
Approximately R215,000

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

Are copies of agreements available?
Yes

Are they presently insured?
Yes

Strengths?
Unique business with no competiton Has an extensive client list which grows month on month

Weaknesses?
No obvious weaknesses

Opportunities?
Could grow more aggressively with more sales effort and focus on new areas

Threats?
No obvious threats

What is the reason for the sale?
Owner wanting to concentrate on his other business.

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AGENCY DETAILS

Aldes Egoli

1 members
12 mandates
Gauteng , Hartbeespoort
51 Woodlands Avenue Peacanwood Estate Hartbeespoort 0216
Hartbeespoort

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