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LocationSouth Africa, KwaZulu-Natal

Sector - Sales & Services

Asking Price
R690,000
Monthly Profit
R 29,327
Asset Value
R 450,000
Stock Value
R 30,000
Yearly Net Profit
R 351,927

Summary

Industry established name that with good staff, assets & steady turnovers, provides an excellent base from which to grow the business.

Give me more information

Fully describe the business's activities?

A long established installer of awnings, carports, patio shelters & gutters. Although some materials are not altered much, shade cloth is cut & sewn in the factory, while gutters could be bent into shape in the factory or on-site.

What competition exists?

There are a number of competitors in the market, but most do not have the long established name that speaks to quality, self-managing staff, or wide-ranging & distinctive product lines.

How involved is the Owner in running the business?

The owner started the business & introduced new product lines along the way. He controls the finances, also managing the spec's, design, & quoting.
He is increasing the capacity of the Salesman, but would also pass such knowledge over to a purchaser - nothing too difficult.

What are the main assets of the business?

3 1-ton Bakkies fitted out to carry their specific materials, 2 gutter machines, 2 presses for forming, & loose tools.
They are valued on a 2nd-hand basis of R200 000 for the bakkies & R250 000 for the other machinery/tools

Strengths?

Established quality name for 28 yrs,
wide range of products & services - installer of awnings, carports, patio shelters & gutters.
all the necessary & specific bakkies, machinery & tools required
good staff that are multi-skilled & self-managing

Weaknesses?

that the owner was the initiator of this business & thus historically managed the spec's, design & quoting, but he is improving the salesman's medium capabilities to further assist a new purchaser if he feels unable to carry such tasks

Opportunities?

Add your new blood & energy, pushing marketing, business development, & sales, which probably have been neglected by the now tired seller

Threats?

That the new owner doesn't take the excellent base forward & instead allows competitors to eat into their market share

What is the reason for the sale?

The seller whishes to emmigrate

Location

Contact | Enquire

Cliff

Cliff Bell

LocationSouth Africa

Preferred method of contact

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