Summary
2 industrial sites & 35 individual houses, with very capable staff (4) providing gardening & pool services. Refuse removal, tree felling & ad hoc garden cleans ups are also a source of income. In addition, while making R50k+ commission pa from dealer status in selling equipment. The owner drives the team around.
Give me more informationFully describe the business's activities?
The business offers weekly & fortnightly garden maintenance in and around the Pinetown to Hillcrest suburbs.
The owner drives the team around.
How could the profitability of the business be improved?
Property details
What are the main assets of the business?
5x Brush cutters
2x Blowers
1x Hand held Blower
1x Chainsaw
1x Hedgetrimmer
1x Extension Poll Hedge Trimmer
1 Spade and fork
Value 2nd hand at R 15 000
All fully paid-up
Strengths?
Strong existing client base - 2 industrial sites & 35 indiv houses, in western suburbs of Durban
Steady year round income
Well trained team members
Weaknesses?
Opportunities?
One could have discussion with the seller to takeover two affiliated business opportunity:
1. Contractor sideline, where subbies are available to carry out painting, paving, refurbishments, that brings in over R100k NP pa
Threats?
What is the reason for the sale?
Why is this a good business?
The turnover amounts to R695k pa, broken-down into : R523k from scheduled garden services & R122k from ad hoc clean-ups/tree felling & R50k from dealer commission on selling equipment, while the Net Profit/ Owners Discretionary Income (including his benefits) amounts to R366k pa (with every expense covered); while two other side-line businesses (under opportunities above) could be linked hereto.
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