Ref. No - BFS937105
South Africa, Western CapeRef. No - BFS937105
Sector - Services
Asking Price
R750,000
Monthly Profit
R24,444
Asset Value
R 257,080
Stock Value
R 30,000
Yearly Net Profit
R 293,325
Summary
The Franchise is also leading this sector and through the group, they provide a wide array of services and products which includes the likes of worldwide couriers, local courier, printing and copying, laminating, binding, internet café services to name a few.
Give me more informationFully describe the business's activities?
This Business Centre is part of a well-known franchise group. They are the one-stop-shop for all business or home office needs and services.
They utilise the latest technologies to provide the highest quality material, printing and finishing while honouring deadlines with digital print solutions, photographic printing, courier services, internet stations and other essential services for businesses and individuals.
Based in a well known coastal town, in the busiest mall, makes the location great !
The Franchise is also leading this sector and through the group, they provide a wide array of services and products which includes the likes of worldwide couriers, local courier, printing and copying, laminating, binding, internet café services to name a few.
They utilise the latest technologies to provide the highest quality material, printing and finishing while honouring deadlines with digital print solutions, photographic printing, courier services, internet stations and other essential services for businesses and individuals.
Based in a well known coastal town, in the busiest mall, makes the location great !
The Franchise is also leading this sector and through the group, they provide a wide array of services and products which includes the likes of worldwide couriers, local courier, printing and copying, laminating, binding, internet café services to name a few.
How does the business operate on a daily basis?
The owner operated the store with staff rotating through shifts. However - they now employed a Manager as the owner cannot run the business anymore due to health reasons.
What Advertising/Marketing is carried out?
Facebook, Instagram
What competition exists?
There are larger print shops that focus more on large format printing
How could the profitability of the business be improved?
More feet to the store, large format printing
Give a breakdown of staff/ functions/ length of service?
2 Full time. Just over 5 months
Do any have management potential?
1 has been promoted to manager
How involved is the Owner in running the business?
The owner works abroad.
His wife was full time involved
His wife was full time involved
When does the current lease end?
2 more years
What are the trading hours?
Mall hours 7 days a week.
What are the main assets of the business?
Printers and other Assets.
Strengths?
Amazing clients in the area
Major growth in the area with new developments being developed.
Major growth in the area with new developments being developed.
Weaknesses?
Owners recent illness
The other owner is working abroad
The other owner is working abroad
Opportunities?
New businesses
Outdoor signage and large format print
Outdoor signage and large format print
Threats?
As with growth, more malls are being planned
Which could dilute the clients somewhat
Which could dilute the clients somewhat
What is the reason for the sale?
1 Owner on medical care, while other works abroad to provide. Time constraints
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