Ref. No - BFS937625

LocationSouth Africa, KwaZulu-Natal

Ref. No - BFS937625

Sector - Retail

Asking Price
R3,950,000
Monthly Profit
R121,935
Asset Value
R 1,000,000
Stock Value
R 1,856,157
Yearly Net Profit
R 1,463,220

Summary

Established importer and distributor based in KwaZulu-Natal offering point of sale hardware for use in the hospitality, retail, clothing, fast food, hardware and a variety of other industries. This level 4 BBEEE company supplies hardware through the dealership channel to multiple leading companies within Southern Africa and has well established service centres in two locations. Customers looking for All in One Touch terminals, Touch Screens, Printers, Barcode Scanners or Cash Draws can be assured of the quality of products available and level of service offered.

Give me more information

Fully describe the business's activities?

Importing Point of Sale hardware and reselling to reseller market.

How does the business operate on a daily basis?

Opens Monday to Friday from 08:00 to 16:30 daily.

What Advertising/Marketing is carried out?

Advertising on various on-line platforms i.e. bulk emailing via Everlytic, as well as visiting clients to demonstrate products.

What competition exists?

Several other importers of point of sale equipment exist.

How could the profitability of the business be improved?

Improving current services levels
Taking on new customers
Start selling to Retail market as well at higher prices

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

Admin and Sales Assistant - 4 months
Admin and Sales Assistant - 1 year
Sales Engineer - 9 years
Workshop Technician - 3 years
Accounting Assistant - 14 years
Field Sales Support - 11 years
Provincial Sales Manager - 17 years
National Sales Manager - 11 years
Junior Workshop Technician - 2 years

Do any have management potential?

Yes

How involved is the Owner in running the business?

Full time Directors

When does the current lease end?

Initial 3 year lease now expired - month to month agreement.

What are the trading hours?

08:00 to 16:30 Monday to Friday

What are the main assets of the business?

Stock
Vehicles
IT Equipment
Furniture

Strengths?

Direct Importer.

Weaknesses?

Working capital.

Opportunities?

Increase stock levels and sales can improve dramatically.

Threats?

Other importers.
Competition.

What is the reason for the sale?

Director retirement.
Location

Contact | Enquire

Nic

Nic Nortje

LocationSouth Africa, KwaZulu-Natal

Preferred method of contact

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