Ref. No - BFS936657
South Africa, GautengRef. No - BFS936657
Sector - Services
Asking Price
R2,340,000
Monthly Profit
R83,387
Asset Value
R 192,250
Stock Value
R 0
Yearly Net Profit
R 1,000,642
Summary
A security and maintenance company that services the corporate, commercial as well as residential industries.
Give me more informationFully describe the business's activities?
This is a Security Installation and Maintenance company within the corporate, commercial and residential industries.
They have regularly completed and successfully delivered turnkey projects which include design, construction, manufacturing, installation and commissioning.
They have regularly completed and successfully delivered turnkey projects which include design, construction, manufacturing, installation and commissioning.
How does the business operate on a daily basis?
Clients make contact via phone, WhatsApp or email to book their services. The work is scheduled and the staff is send out to attend. Staff don't come into the office daily because this is a work from home business.
What Advertising/Marketing is carried out?
No advertising is being done
What competition exists?
There are other companies performing this type of service
How could the profitability of the business be improved?
1. Targeted advertising
2. Digital Google adverts
3. Networking with corporates and other managing agents.
2. Digital Google adverts
3. Networking with corporates and other managing agents.
Give a breakdown of staff/ functions/ length of service?
They are new and have been around for 4 months
Do any have management potential?
No, not required for this business.
How involved is the Owner in running the business?
The owner operates and runs the business on a daily basis
When does the current lease end?
This isn't applicable because the business is being run from home
What are the trading hours?
Monday to Saturday 07:30 to 16:30
Staff on standby over the weekend
Staff on standby over the weekend
What are the main assets of the business?
The NP200 vehicle and tools
Strengths?
1. Can be operated from anywhere
2. No offices required
3. Business operates all over Gauteng
4. Easy to operate and manage
2. No offices required
3. Business operates all over Gauteng
4. Easy to operate and manage
Weaknesses?
Some technical knowledge would be helpful to answer some customer queries over the phone
Opportunities?
This business can easily scale by getting another team or by getting some maintenance contracts
Threats?
Many typical businesses around, but they lack the quality, professionalism and integrity
What is the reason for the sale?
Emigration
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