Summary
Elevate Your Future: Prime Business with huge growth prospects. Unleash Boundless Potential in the Digital Marketplace! The owner started the business in 2016. Excellent growth has been experienced.
Give me more informationFully describe the business's activities?
Their core focus is retail of Tools and Equipment whereby they retail sale of a wide range of tools and equipment used in construction, woodworking, plumbing, electrical work, and general home improvement. This includes hand tools, power tools, safety gear, and machinery.
A smaller, newer area of Home Products was also started in the last 24 months.
Their product range has expanded to over 7,500 different products over 30 categories ranging from Small Appliances, Toys, Braai, Computer IT, Camping, Load Shedding Essentials, and many more.
They have their own e-commerce website that operates as an online store where customers can browse, select, and purchase tools and related products. It has a user-friendly interface, secure payment options, and delivery services.
Their vast ray of home improvement product range caters to both professionals and DIY enthusiasts. This can include items like drills, saws, hammers, wrenches, screws, nails, paint, gardening equipment, and more.
They offer strong customer service and provide assistance with product selection, usage, and troubleshooting. It has return policies to ensure customer satisfaction.
In addition, they engage in wholesale distribution, supplying tools and products to other companies.
How long has the business been established?
How long has the owner had the business?
How does the business operate on a daily basis?
Suppliers deliver stock to the warehouse where it is recieved , consolidated and shipped off to customers.
How are the clients attracted to the business?
Marketplace Advertising promotions.
Internal sales rep that is onboarding new wholesale clients.
Gumtree attracts retail clients to the shop.
Google Maps attracts retail clients to the shop.
Google Adwords have attracted a retail and wholesale clients.
What Advertising/Marketing is carried out?
What competition exists?
Brick & Mortar Hardware Stores
Online tool websites.
What VAT documentation is on file?
Are there up-to-date Management Accounts available?
How could the profitability of the business be improved?
Calculated Nett Asset Value
Bank Assets: R 2.58 mil
Current Assets: R 21,49 mil of which Current Stock Level was R 20.18 mil
Fixed Assets: R 1 mil
TOTAL ASSETS: R 25,07 mil
Current Liabilities: R9.8 mil of which R 10.75mil are accounts receivable
Non Current Liabilities: R 4.5 Mil
TOTAL LIABILITIES: R 14.36 mil.
NETT ASSET VALUE: R 10,7 mil.
What is the total staff complement?
How involved is the Owner in running the business?
His wife is also a Buyer but her role can be taught and an employee can fulfill this role.
When does the current lease end?
What are the trading hours?
What is the square meters of the business?
Is a copy of the lease available?
What lease deposit and/or other surety is required?
What are the main assets of the business?
Supplier Contracts / Relationships
Intellectual IP - Software ( the seller is also willing to adjust the selling price and retain the IP Software, maintain it and where and when needed, assist with new coding )
Shelving, Computers and other small assets.
3 Delivery Vehicles.
Strengths?
Strong supplier relationships.
Strong IP Software.
Big credit lines.
Unique brands.
Weaknesses?
Opportunities?
What is the reason for the sale?
They have small children and both being involved is not conducive for the family.
Access to the number one business broking tool to get your business sold.
We've got you covered!
We offer an innovative and intuitive
solution for selling your business, franchise and premises
Promote
your business for sale
Reach
the right audience
Gain
more exposure
More businesses you may like
More similar, inspiring businesses for sale
A business providing admin serves to creative entrepreneurs in Cape Town
3,000,000
YNP - R 1,154,580
Work from home: Online headshop selling range of smoking paraphernalia
330,000
YNP - R 40,094
An Agency specialising in Digital Marketing for sale
4,300,000
YNP - R 1,989,045
Specialist importer and supplier of industrial products in the energy sector
25,000,000
YNP - R 7,948,018
Knowledge Bank
Get the latest information, valuable tips and share in the professional knowledge of business experts on selling or buying a business
Buyers
What Are The Advantages Of Buying An Existing Business
What Are The Advantages Of Buying An Existing Business
10 Questions To Ask When Buying A Business
10 Questions To Ask When Buying A Business
The Transformative Power of Business Coaching: Unleashing Success and Growth
In today's competitive business landscape, entrepreneurs and professionals are constantly seeking ne
Sellers
Unlocking Opportunities: Selling Kindergarten, Pre-School and Early Childhood Development Centre Franchises Online with Business for Sale
We're excited to announce our latest endeavour aimed at fostering growth and expansion in the early
Empowering Franchisors: A Refined Approach for Exponential Sales Growth
Empowering Franchisors: A Refined Approach for Exponential Sales Growth
6 Steps To Selling A Small Business In South Africa.
6 Steps To Selling A Small Business In South Africa.