Filters
LocationSouth Africa, Eastern Cape

Sector - Sales & Services

Asking Price
R4,600,000
Monthly Profit
R 99,995
Asset Value
R 2,274,854
Stock Value
R 30,000
Yearly Net Profit
R 1,199,936

Summary

This business is a one stop shop for all your signage requirements. With generations of experience, committed to quality and service excellence this signage firm offer a comprehensive range of signage to a broad spectrum of Clients. This profitable business has generated an income from operations of R XXX for the 12 month period to 31 december 2019.

Give me more information

Fully describe the business's activities?

The business operates as a typical signage business. The owner concentrates on marketing and liaise with costomers on design and operations.
the staff are trained to cross skill but each employee has his field of expertise. from welders, plastic coating drivers and general asistents.

How does the business operate on a daily basis?

The staff work from 8 am to 5 pm on a Monday to Friday basis, but also available for overtime to meet deadlines if required.
Each staff member has his field of expertise and the work is commenced to meet operational deadlines.

What Advertising/Marketing is carried out?

The business advertises by means of web site, social media and word of mouth advertising.
a huge percentage of work is repeat work from existing clients which serves as a reflection of the work quality and reasonable pricing.

What competition exists?

Limited competition from other sign makers in the area.

How could the profitability of the business be improved?

Huge projects are commissioned by government and municipalities. A BEE partner can secure greater volume of work thus increasing profitability.

Give a breakdown of staff/ functions/ length of service?

The operational side of the business is overseen by a supervisor who in turn reports to the owners of the business.
The remaining staff members consist of designers, welders, plastic coating specialist , drivers and general asistents.

Do any have management potential?

The supervisor and drivers have excellent managerial skills.

How involved is the Owner in running the business?

The owner is 80 % involved in the business's general administration.

When does the current lease end?

The Current lease ends 30 April 2020

What are the trading hours?

Monday to Fridays from 8 am to 5 pm.

What are the main assets of the business?

The main assets of the business is the clientele with repeat orders.
The physical assets is as the Asset list of the business which includes all equipment and motor vehicles required for operational purposes.

Strengths?

This business is well established, highly profitable with a huge amount of repeat clientele.
This business is an icon in its industry and well known and respected by its opposition. The good record of the business has been referred to as a Benchmark for the industry.

Weaknesses?

The economy is under pressure casing many businesses to cut on expenses such as marketing and advertising. Economic transformation to to make opportunities available to all race groups is also applying presure on small business.
These factors will all have a negative influence on the turnover and profitability of the business.

Opportunities?

This business is the ideal opportunity for person or business with a strong BEE rating to maximise the opportunities that are exposed to this business.

Threats?

this business is compliant in all respects. The business operates from an Industrial Zoned business and complies with all safety and health issues as required by the Sectoral Determination board.

What is the reason for the sale?

The owner wishes to retire.

Location

Contact | Enquire

Willem

Willem Smuts

LocationSouth Africa

Preferred method of contact

Logo
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

Promote

your business for sale

Advertise

Reach

the right audience

Gain

Gain

more exposure

Sign up for our Sellers' Portal Affordable monthly packages
Man

Knowledge Bank

Get the latest information, valuable tips and share in the professional knowledge of business experts on selling or buying a business

Buyers

Buying Your First Business

As an entrepreneur, you are always on the lookout for a new opportunity, or to compare your business

Checking the Numbers

Before taking over a business, one should always conduct a proper due diligence. In fact, it is ad

Sellers

What makes a great Business Coach?

A great ActionCOACH first and foremost has a passion for business, as well as a passion for helping

Common Mistakes to Avoid when Valuating an Online Business

Unlike other businesses, the online venture may not have any tangible assets such as property, machi

Employees - The Cornerstone of any Business

Employees drive the goodwill of the business and in the case of a change in ownership represent cont