Business For Sale,Businesses For Sale,Manufacturer,Wendy Houses,Log Cabins,Dolls Houses,Gauteng Business For Sale
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Manufacturer of Wendy Houses
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BUSINESS FOR SALE OVERVIEW


Manufacturer of Wendy Houses, Log Cabins, Doll Houses and installation thereof at client's premises


BUSINESS SELLING DETAILS

  Selling Price     6,400,000   Turn Over Per Month     205,687 
  Stock Included 50,000    Profit Per Month 205,687
  Assets Included  883,000   R.O.I %  38%
  Total Price   6,400,000    



BUSINESS MANDATE INFORMATION
 History and Overview Of The Business
Fully describe the business's activities  Manufacturer of Wendy Houses, Log Cabins, Doll Houses and installation thereof at client's premises
When was the business established? Since January 2011, seven years and six months
How long has the owner had the business? The owner started the business
 How Does The Business Operate
How does the business operate on a daily basis The business is mainly staff run with the owners playing a oversight role ensuring all runs to plan
A typical day starts at 07:30 when vehicles are loaded for delivery for four teams,
The sales department then make sales, confirm deliveries, make bookings, issue work to manufacturing
Manufacturing build the panels ready for delivery the next day
How are the clients attracted to the business? Marketing and sales which is only online based
What Advertising/Marketing is carried out? Online from the comfort of the sellers computer with most of the marketing strategies being automated
Does the business have any contract work? No
What competition exists? They have competition on the various platforms they advertise on, however their prices are are competitive and the quality is above average. They have 78,000 likes on their facebook with no competitor even close to that.
Seasonal Trends? It is a little slower in April and December as they shut for two weeks annual leave.
 Financial Information
Vat Registered? Yes
Vat Documentation on File? All relevant information with the accountants
Management Accounts? Yes
Audited Financials? All
What as Cash/Credit Split? The business is EFT - upfront payment (made to order)
Debtors Book Age Analisys No debtors
How can you improve the profitability? The business is evolving into new products as it progresses and one could for example build dog kennels with the off cuts, the seller also has some ideas for other wooden products.
A steel Jungle gym section can be started as the seller has empty factory that has a spare 120m² space
The seller feels that the marketing strategies are solid and that new products can earn more profit
 Is Seller Finance available and if so what is it? No
   Staffing Of the Business
What is the total number of Staff? Thirty staff
Staff Breakdown 1 x Sales Manager - 3 Years
1 Sales - 2 Years
1 x Stock Controller
12 x Delivery - 5 years, 6 Years, 6 Years, 6 Years and others
2 x Factory
Staff Special Perks and Bonuses? Yes incentives for all employees
Are the staff on Contract? All permanent
Does any of the staff have management potential? Yes
How involved is the Owner in running the business? The seller has minimal involvement which is limited to coming in the morning to oversee the staff and be finished by 11am
  Premises Of the Business
When Does the Current Lease ends? April 2021
Is there an option to renew? Landlord is open to negotiations and is apparently very reasonable and has a large number of properties
What is the annual escalation %  10%
What are the Trading Hours? 07:30-16:30 Mon to Thu
07:30-15:30 Fri
08:30-11:30 Sat - Sales staff only
Is a copy of the lease available?  Yes
Do You require a license? No
 Assets Of The Business
Full Asset List available? Asset list is available
 Anything not included in the sale? Cellphones and personal laptops
 What is condition of the assets Good
 Any Assets on Lease/HP that Buyer needs to take over? There are vehicles and there I-Track units that are financed
Buyer will have to take over the financing or refinance the vehicles, the finance cost have been taken into account in the expenses

 Are they insured at the moment?  Yes
  SWOT Of The Business
 STRENGHTS Very well established and a dominant player in the market
Excellent products
Well structured with all procedures in place freeing the owners for minimal involvement or mainly oversight
 WEAKNESSES None Identified
 OPPORTUNITIES Expand into new product ranges
Additional market and Sales
 THREATS None identified
 Summary
Why is this a good business The business makes good profit, has good systems in place, sells a tried and tested product range and has been structured to require minimal owner involvement
Why is the owner selling it? The seller is emmigrating


Business For Sale,Businesses For Sale,Manufacturer,Wendy Houses,Log Cabins,Dolls Houses,Gauteng Business For Sale

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have viewed this page since 30 April 2015