An excellent work-from-home household cleaning business opportunity in the Hartbeespoort area. sold
858
Ref. No - BFS935919
South Africa, North WestRef. No - BFS935919
Sector - Services
Asking Price
R501,500
Monthly Profit
R 34,034
Asset Value
R 373,376
Stock Value
R 1,500
Yearly Net Profit
R 408,413
Summary
This cleaning business services the numerous estates surrounding the Hartbeespoort Dam and the villages of Kosmos, Schoemansville and Melodie. It is an ideal investment opportunity for a housewife or retired couple who would like to supplement their income.
Give me more informationFully describe the business's activities?
The businesses are both domestic cleaning services which service the areas surrounding Hartbeespoort Dam. The areas include all the gated community estates around the dam, Kosmos, Schoemansville and Melodie.
How long has the business been established?
17 years
How does the business operate on a daily basis?
The business operates during normal working hours, 5 days a week. The domestic workers, with cleaning equipment and consumables, are dropped off and picked up at the client's premises by the company's people carriers.
How are the clients attracted to the business?
Word of mouth and mobile advertising through branded vehicle traveling daily through the target markets.
Clients include regular clients who use the services weekly, those that require additional cleaners from time to time and those that need a once-off springclean or a post-renovation clean-up.
Clients include regular clients who use the services weekly, those that require additional cleaners from time to time and those that need a once-off springclean or a post-renovation clean-up.
What Advertising/Marketing is carried out?
Flyers and branded vehicle advertising
What competition exists?
There are no other competitors in the target market area
Are there up-to-date Management Accounts available?
Yes
What Balance Sheet and Income Statements are available?
Yes, for the year ended February 2023
What percentage of the business is cash/credit?
Most customers are on 30 day credit terms
How could the profitability of the business be improved?
Grow the customer
Give a breakdown of staff/ functions/ length of service?
40 x domestic ladies
2 x drivers (who act as supervisors too and equipment operators for window cleaning etc.)
2 x drivers (who act as supervisors too and equipment operators for window cleaning etc.)
Do any have management potential?
The drivers have management skills
How involved is the Owner in running the business?
Daily
What are the trading hours?
7.30 to 15.30
What is the square meters of the business?
The business operates out of a home and little space is required for the business (essentially only for storage)
What are the main assets of the business?
2 x Diahatsu Gran Max people carriers
Cleaning equipment - a steam cleaner, a high pressure spray and 6 vacuum cleaners
Cleaning equipment - a steam cleaner, a high pressure spray and 6 vacuum cleaners
Strengths?
There is a captive market
It is a professionally run business
It is a professionally run business
Weaknesses?
It is labour intensive
Opportunities?
Expand the window and carpet cleaning services
Threats?
Government legislation
What is the reason for the sale?
The owners are emigrating
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