Filters
LocationSouth Africa, KwaZulu-Natal

Sector - Sales & Services

Asking Price
R750,000
Monthly Profit
R 47,086
Asset Value
R 250,000
Stock Value
R 750,000
Yearly Net Profit
R 565,036

Summary

Business has been established for 20 years plus - business is very well supported and has aa good reputation for service excellence in the area. Business has been servicing most of the major industries in the area and has a good solid business relation. Manager in place and is capable of running the business, staff are well trained and service offerings range from any catering equipment to Markey tents. Business is running back at full steam post Covid lockdown..

Give me more information

Fully describe the business's activities?

Cater Hire Equipment - Supplier and rentals

How does the business operate on a daily basis?

The business is owner run and has a manager in place to assist with the every day running of the business. The owner oversee the financial side of the business and the manager controls the everyday orders, invoicing and staff. The manager is very well equipped and experienced to run the business effectively should the owners not be in the business.

What Advertising/Marketing is carried out?

The business has a website and do also have a following on social media - word of mouth and being established for 26 years has created a name for themselves as the preferred supplier of this service and product offering.

What competition exists?

The are 2 other operators in the area.

How could the profitability of the business be improved?

More direct marketing, placing a rep on the road to `call on new and existing clients.

Do any have management potential?

In place already

How involved is the Owner in running the business?

100 % involved.

When does the current lease end?

Year to Year Lease

What are the trading hours?

Mondays to Fridays 7:00am to 16:30pm

What are the main assets of the business?

Marque tents, catering equipment, vehicles and a huge variety of cutlery and crockery and function décor.

Strengths?

Business has been established for the last 26 years - business is very well known and supported. Business has build up a very strong reputation of high standards and service excellence. Staff are well trained and all systems in place. Very well positioned and has been in the same spot for most of the business. Has solid business relations with most of the major industries in the area.

Weaknesses?

Mostly hospitality services and offering, owner run business

Opportunities?

Business has huge scope for anyone who wants to take a very well established business to the next level.

Threats?

Current economical climate and Covid restrictions

What is the reason for the sale?

Owners are of retirement stage and wants to relocated to Cape Town.

Location

Contact | Enquire

Werner

Werner Angell-Schau

LocationSouth Africa, KwaZulu-Natal

Preferred method of contact

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