Sectors / Category

Annual turnover

  • Mandate: 35061
  • Added: 28 Nov 2021
  • AFS
  • 296

Corporate Stationery Supplier. Centurion. Profitable. Nice Growth Potential

Gauteng, Centurion
Mandate 35061
Added 28 Nov 2021
R 2,200,000* ZAR
Stock: R 400,000
Assets: R 119,000
R 47,159 ZAR
Erich Haupt
Aldes Optima

This stationery company has been supplying corporates for 14 years with loyal clients. It has a nice retail section as well which assists nicely with cash flow from walk-in customers. Profitable and ready to grow further.

Corporate Stationery Supplier. Centurion. Profitable. Nice Growth Potential
R 2,200,000* ZAR
Stock: R400,000
Assets: R119,000
R 47,159 ZAR

This stationery company has been supplying corporates for 14 years with loyal clients. It has a nice retail section as well which assists nicely with cash flow from walk-in customers. Profitable and ready to grow further.

To gain access to more business info
please supply us with your details below

Fully describe the business's activities?
Stationery supplier to corporates and offices in general with a retail store which is also used for warehousing of stock. Schools stationery is also a large part of the income. Walk-ins on the retail side brings in a nice cash component.

How long has the business been established?
The business was established in 2007 and has therefore been operating for 14 years.

How does the business operate on a daily basis?
The owner is involved on a daily basis and ensures orders are pulled by staff and correctly collated and invoiced before delivery. There are up to 17 deliveries per day.

How are the clients attracted to the business?
Social media, WhatsApp Groups, FaceBook, School newsletters.

Does the business have any contract work?
There is no contract work but there are nice repeat orders on a weekly and monthly basis from certain clients

What competition exists?
None in the immediate vicinity.

What are the seasonal trends?
"Back to school" in early January is very good for business and actually starts in December before the shut-down.

Is the business VAT Registered?
Yes, the business is VAT registered.

What VAT documentation is on file?
VAT returns and recons are on file.

Are there up-to-date Management Accounts available?
Yes there are up-to-date management accounts.

What Balance Sheet and Income Statements are available?
February 2021.

What percentage of the business is cash/credit?
Majority EFT but there is a nice cash portion from the retail store as well.

What is the age analysis of the debtors book?
30 Days

How could the profitability of the business be improved?
Marketing was stalled a bit due to Covid. A rep on the road to visit clients is an addition which will make a good contribution to sales and profit.

What is the total staff complement?
There 2 staff members plus the owner.

Give a breakdown of staff/ functions/ length of service?
The 2 x staff members are involved in pulling of stock as well as deliveries on a daily basis. (Up to 17 deliveries a day).

Do any receive special perks or incentives?
A bonus may be paid but only at managements discretion.

Are they on contract?
Yes, the staff have letters of appointment.

How involved is the Owner in running the business?
The owner is involved in the business on a daily basis.

When does the current lease end?
The lease is currently month-to-month and also covers the generator for the centre.

Is there an option of renewal & what period?
Yes, normally 12 months at a time but can be negotiated.

What is the annual escalation %?
None at the moment due to Covid but normally 8%.

What are the trading hours?
Monday to Friday: 8.00 am to 4.00 pm.

Is a copy of the lease available?
Yes, a copy of the lease is available.

Do you require a licence?
No, special licence is required.

What lease deposit and/or other surety is required?
Normally one months rent.

What are the main assets of the business?
Furniture and Fittings and Computer Equipment.

How have they been valued ?
Net Realisable Value.

Which assets are on lease/HP and with whom?
There is a Suzuki delivery vehicle that is on lease.

What are their settlement amounts?
Currently R96 000 at November 2021.

Are copies of agreements available?
Yes, copies of the agreement are available.

Are they presently insured?
Yes, the business and assets are fully insured.

Huge growth potential. The retail shop contributes nicely to revenue. The school market is very profitable and can be grown easily.

Lack of marketing due to Covid.

Schools market is potentially very big. A sales rep on the road would potentially make a huge difference to the top and bottom-lines.

It is a price-sensistive industry so one needs to be on top of this.

What is the reason for the sale?
The owner is relocating.

Why is this a good business?
Growth potential, Good loyal clients. School market growth potential.Retail shop assists in cash flow.

What is the price plus stock and the profit?
The asking price for the business is R1.8 million plus approximately R400 000 in stock = R2.2 million in total.The profit was R565 000 during the Covid period.

Other listings by Erich
R 3.50MZAR
Added : 11 Dec 2021 174
Yearly profit: R1,515,245
R 1.70MZAR
Added : 6 Dec 2021 241
Yearly profit: R630,285
R 1.95MZAR
Added : 29 Nov 2021 218
Yearly profit: R835,192

Aldes Optima

1 members
21 mandates
P.O. Box 588

Our experienced cross industry brokers are
waiting to assist and guide you…

Similar Businesses for sale

Discover similar, inspiring businesses for sale

$ 1.10MUSD
Added : 2 Jan 2022 362
Yearly profit: $28,700
R 1.34MZAR
Added : 2 Nov 2021 365
Yearly profit: R543,989
R 2.85MZAR
Added : 19 Oct 2021 328
Yearly profit: R867,942
Eastern Cape
N$ 1.73MNAD
Added : 6 Oct 2021 300
Yearly profit: N$1,979,729
Windhoek & Central
R 1.30MZAR
Added : 22 Sep 2021 14
Yearly profit: R782,686
Western Cape
R 1.40MZAR
Added : 30 Aug 2021 830
Yearly profit: R629,014
R 1.80MZAR
Added : 7 Jul 2021 1094
Yearly profit: R945,845
R 2.47MZAR
Added : 5 Jul 2021 665
Yearly profit: R552,652
North West

Businesses in Gauteng

Annual Turnover Amount between R 500 thousand and R 6 million

Added : 25 Jan 2022 0
Yearly profit: R244,658
Added : 25 Jan 2022 0
Yearly profit: R173,878
R 1.93MZAR
Added : 17 Jan 2022 111
Profit*: R767,032 *(10 months)
R 1.10MZAR
Added : 14 Jan 2022 137
Yearly profit: R319,547
R 1.10MZAR
Added : 13 Jan 2022 234
Yearly profit: R549,607
R 2.46MZAR
Added : 6 Jan 2022 263
Yearly profit: R913,713
Added : 20 Dec 2021 340
Yearly profit: R306,247
R 1.26MZAR
Added : 15 Dec 2021 281
Yearly profit: R585,098