Sectors / Category

Annual turnover

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  • Mandate: 34966
  • Added: 01 Oct 2021
  • AFS
  • 734

Excellent Product - Importer and Distributor

SA Countrywide,
734
Mandate 34966
Added 01 Oct 2021
R 7,500,000* ZAR
Stock: R 2,000,000
Assets: R 240,000
R 197,805 ZAR
Pieter De Beer
(PRINCIPAL)
Aldes Impetus
Western Cape, Cape Town Atlantic Seaboard
Western Cape, Cape Town Atlantic Seaboard
Summary

Importer of a unique kitchen appliance, selling directly to CONSUMERS online. This awesome business is available.

Excellent Product - Importer and Distributor
SELLING PRICE AFS
R 7,500,000* ZAR
Stock: R2,000,000
Assets: R240,000
R 197,805 ZAR
Summary

Importer of a unique kitchen appliance, selling directly to CONSUMERS online. This awesome business is available.

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Fully describe the business's activities?
This Business Imports a high performance kitchen appliance, suitable for commercial and household customers. The business also deals with all after-sales requirements.

How long has the business been established?
7 Years

How long has the owner had the business?
Since Inception

How does the business operate on a daily basis?
Sales are coming in via email, e-commerce platform, phone or live-chat on website Orders are fulfilled and collected by courier from the warehouse/office, twice a day If there are any repairs – they are done in the workshop part in the warehouse and shipped back to the customer

How are the clients attracted to the business?
Google Ads, Facebook, Instagram Existing online platform and also other reselling platforms There are supplier contracts in place will well known clients like Wimpy, Mugg & Bean, Vida Cafe Word of mouth

Does the business have any contract work?
Large catering suppliers who don’t specialize in this specific product, could be seen as competition.

Is the business VAT Registered?
Yes

What VAT documentation is on file?
Available during DD

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

How could the profitability of the business be improved?
Increase of product range with new products. Already has a few being used / tested.

What is the total staff complement?
Staff are only used when / if needed. The owner and his wife, do all that is required.

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

When does the current lease end?
Feb 2022

Is there an option of renewal & what period?
Yes

What is the square meters of the business?
190

What are the main assets of the business?
Computers, desks etc

Strengths?
Excellent product Has shown the products durability Turnover has grown exceptionally

Weaknesses?
Staff required

Opportunities?
New / other products. Expanding Website range

What is the reason for the sale?
The owners want to settle down in a smaller town. Want to downscale.

Why is this a good business?
The owners have built a good reputation and brand name in South Africa. Reliable and cooperative manufacturer. Business is automated and can carry a lot of costs with minimal staff.

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AGENCY DETAILS

Aldes Impetus

2 members
19 mandates
Western Cape , Cape Town Atlantic Seaboard
Cape Town, Western Cape
Cape Town Atlantic Seaboard

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