Ref. No - BFS936062
South Africa, GautengRef. No - BFS936062
Sector - Manufacturing
Asking Price
R750,000
Monthly Profit
R 13,420
Asset Value
R 280,000
Stock Value
R 0
Yearly Net Profit
R 161,036
Summary
This business manufactures decorative and customize steel products for the household markets.
Give me more informationFully describe the business's activities?
Manufacturing decorative steel products and customized steel furniture chairs, tables, wall decors, and outdoor accessories.
Customizing personal client requests is their specialty.
Customizing personal client requests is their specialty.
How does the business operate on a daily basis?
Prep and Manufacturing set up daily.
Quotes done which can result in custom orders.
Quotes done which can result in custom orders.
What Advertising/Marketing is carried out?
Word of mouth as well, Facebook Yellow pages.
A number of business Stores that sell their products
A number of business Stores that sell their products
What competition exists?
None that we know off
How could the profitability of the business be improved?
Creative thinking and a more updated marketing plan
Give a breakdown of staff/ functions/ length of service?
The 1 Staff member has been there for 15 years
One (1) for 7 years
The remaining 2 are there for 2 years
One (1) for 7 years
The remaining 2 are there for 2 years
How involved is the Owner in running the business?
Daily involvement.
When does the current lease end?
The property they trade from is owned by the owner.
A one-month rental agreement for a new owner to transition into his own site
A one-month rental agreement for a new owner to transition into his own site
What are the trading hours?
Trading from 8h00 to 17h00
What are the main assets of the business?
A list will be at a buyer's request.
Bakkie, trailer, Machines, tools etc.
Included in the selling price is a stock of R650 000.00
Bakkie, trailer, Machines, tools etc.
Included in the selling price is a stock of R650 000.00
Strengths?
A Niche market product has been manufactured for 15 years.
Well-known in the market.
Well-known in the market.
Weaknesses?
None that we can perceive
Opportunities?
Expansion of current client base and a improved marketing plan will increase income
Threats?
None
What is the reason for the sale?
Current owner at retirement age
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