Business For Sale,Businesses For Sale,Supplier,Signage Industry,Chromadek,Vinyl,Signs,Gauteng Business For Sale
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Supplier to the Signage Industry
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Business For Sale


BUSINESS FOR SALE OVERVIEW


This supplier and wholesaler to the signage industry still has huge scope to grow and is well placed to do so with the right sales staff. Sales on materials are growing even in tough economic conditions and the seller will train the buyer on how to maintain this. Current staff are well trained and knowledgeable and in place.


BUSINESS SELLING DETAILS

  Selling Price     3,100,000   Turn Over Per Month     802,792 
  Stock Included 200,000    Profit Per Month 127,817
  Assets Included  912,000   R.O.I %  51%
  Total Price   3,100,000    



BUSINESS MANDATE INFORMATION
 History and Overview Of The Business
Fully describe the business's activities  Supplier of materials to the signage industry such as Vinyl, media and other very popular and needed products.
When was the business established? Since 2010
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 Owner run but the owner is not tied tied the business and is free to take time off or look after other interests but is the first to also say not to leave your business alone or to let others run it for you without your oversight.
How are the clients attracted to the business? Mainly word of mouth and regular clients
What Advertising/Marketing is carried out? The business has used reps and telesales to the existing customer base and will be putting up a website shortly
Does the business have any contract work? No
What competition exists? There are some competitors which the seller will discuss with serious buyers
Seasonal Trends? Traditionally January through April are the quiet months with sales ramping up from May and peaking from September till close in December
 Financial Information
Vat Registered? Yes
Vat Documentation on File? All Vat returns are available for Due Diligence
Management Accounts? Yes to July 2018
What as Cash/Credit Split? The seller tries to void cash and it is a small portion of the income
Debtors Book Age Analisys 50% of the sales are Cash Before Delivery and then then it is split between
30 Days Net - Payment end of the month
15 Days from Statement
30 Days from Statement
How can you improve the profitability? Pushing sales through reps and marketing
 Is Seller Finance available and if so what is it?  No, cash sale
   Staffing Of the Business
What is the total number of Staff? Eight staff members
Staff Breakdown 2 x Office/Admin and Sales
2 x Drivers
1 x Operator (Acts as foreman sometimes)
2 x Jack of all trades
Staff Special Perks and Bonuses? No, but is intending to pay the office admin commission on sales
Are the staff on Contract? Factory is sorted and one of the admins can run the business
Does any of the staff have management potential? Factory is sorted and one of the admins can run the business
How involved is the Owner in running the business? Owner is 100% involved in the business but is free to move around
  Premises Of the Business
When Does the Current Lease ends? Currently lease is month to month
Is there an option to renew? Landlord will be happy to grant a lease for whatever period is desired by the buyer
What is the annual escalation % Currently 5%
What are the Trading Hours? 08:00-16:00 Mon to Thu
08:00-15:00 Fri
What is the square meters? 500m²
Is a copy of the lease available? Landlord can make one available
Do You require a license? No
 Assets Of The Business
Full Asset List available? Seller will provide a asset list
 Anything not included in the sale? Personal laptops
 What is condition of the assets Good
 Any Assets on Lease/HP that Buyer needs to take over? None
 Are they insured at the moment? Yes and the seller suggest taking over his insurance as he is getting a good deal
  SWOT Of The Business
 STRENGHTS Quality
Service
Well Known
Price extremely competitive
Materials they supply
 WEAKNESSES The business is not known well enough
 OPPORTUNITIES Getting reps out to make sales
Moving closer to Johannesburg to more effectively service that market, difficult from the current location
 THREATS Getting reps out to make sales
Moving closer to Johannesburg to more effectively service that market, difficult from the current location
 Summary
Why is the owner selling it? Emmigration and pension


Business For Sale,Businesses For Sale,Supplier,Signage Industry,Chromadek,Vinyl,Signs,Gauteng Business For Sale

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have viewed this page since 19 August 2018