Ref. No - BFS937098
South Africa, GautengRef. No - BFS937098
Sector - Services
Asking Price
R600,000
Monthly Profit
R23,548
Asset Value
R 189,850
Stock Value
R 175,000
Yearly Net Profit
R 282,578
Summary
Thios company is a reliable supplier and service agent for power tools for nearly any application. Angle Grinders, Power Drills, Impact Drills, Reciprocating Saws, Belt Sanders, Orbital Sanders, Wood Planers, Cordless Drills & more.
Give me more informationHow does the business operate on a daily basis?
This business services, repair and sells all makes and models of Power Tools and Construction equipment, including Generators, Hammers, Welders, Rammers and Compressors
This business offers exceptional customer service, and technical advice to the retail, industrial, and residential customers The store has become synonymous with quality, most cost effective and best service in the market.
Clients bring their broken equipment in for repairs, repairs are done, and the client collects. They also do a lot of onsite work, repair and service of Generators and other construction equipment.
This business offers exceptional customer service, and technical advice to the retail, industrial, and residential customers The store has become synonymous with quality, most cost effective and best service in the market.
Clients bring their broken equipment in for repairs, repairs are done, and the client collects. They also do a lot of onsite work, repair and service of Generators and other construction equipment.
What Advertising/Marketing is carried out?
Website
Face book
Whats app
Face book
Whats app
What competition exists?
This business is a preferred supplier for well-known brands, and they are listed as the preferred repair supplier. This lends credibility to the name, and this is difficult to obtain
How could the profitability of the business be improved?
More advertising
Give a breakdown of staff/ functions/ length of service?
Admin person started 2023 - Run the front of the shop, all administration, all money receive, open and close shop
Head Technician -Repair and Service all the machines and equipment
Junior General Worker - When Head Technician is not in the shop the Junior Technician will do brushes for machines, repair weed eaters and lawn mowers, clean
Head Technician -Repair and Service all the machines and equipment
Junior General Worker - When Head Technician is not in the shop the Junior Technician will do brushes for machines, repair weed eaters and lawn mowers, clean
How involved is the Owner in running the business?
Owner does the repairs on the products.
A new owner needs to have a background in electrical and mechanical repairs, or need to employ someone who can perform the repairs
A new owner needs to have a background in electrical and mechanical repairs, or need to employ someone who can perform the repairs
When does the current lease end?
June 2025
What are the trading hours?
Monday to Friday 08h00 tot 16h30
Some Saturdays, twice a month
Some Saturdays, twice a month
What are the main assets of the business?
Specialised tools, desks, computer and camera system
Strengths?
Long-standing with repeat customers
Well-known
Accredited with product manufacturers
Well-known
Accredited with product manufacturers
Weaknesses?
Owner fully involved in daily operations
Opportunities?
Business can be relocated when lease ends, within reason
Threats?
None identified
What is the reason for the sale?
Seller wants to focus on new ventures
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