Franchised Grounds Care of Complexes and Estates,Franchise for sale,garden service for sale,pretoria business for sale
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Franchised Grounds Care of Complexes and Estates
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Business For Sale

BUSINESS FOR SALE OVERVIEW

Garden Service For SaleThis franchised grounds care business looks after the grounds of Security complexes and Estates. This includes the basic gardening and additional services like dustbin cleaning. All the clients are on long term contracts stretching up to May 2016. All admin taken care by the franchisor leaving you free to focus on the clients.







Fitment Centre For SaleSELLING DETAILS

Selling Price

205,000

Turnover pm

59,864

Stock

0

Profit pm

14,682

Total Asking Price

205,000

Nett Assets Included

30,000






MANDATE REPORT

1. History Background

Fully describe the business's activities

Grounds Care Business with 7 long term contracts looking after security complexes and estates. This includes the basic gardening and additional services like dustbin cleaning, tree felling, etc.

How long has the business been established?

12 Years

How long has the owner had the business?

One year

What steps are in place to solve "load shedding" problems

N/A

2. Present Market

How does the business operate on  a daily basis

Owner run

How are the clients attracted to the business

Word of mouth and franchisor referrals

What Advertising/Marketing is carried out

None

Does the business have any contract work

Yes all the clients are on contract up to two years long.

What competition exists

The normal for the industry

What are the seasonal trends

There are no seasonal variations as the clients are on contract.

3. Financial

Is the business VAT Registered

No

What VAT documentation is on file?

 N/A

Are there up to date management accounts?

Yes,

What audited financials are available, income statement and or balance sheets?

Yes. 

What percentage of the business is cash/credit?

All EFT

What is the age analysis of the debtor’s book?

A cash business. No debtor’s book.

How could the profitability of the business be improved?

Some clients pay monthly in advance and some monthly in arrears, but there are no overdue accounts.

Is Seller finance available and for what amount?

No

4. Staffing

What is the total staff complement?

16 staff members are currently employed

Staff Breakdown and length of service

1 x Driver
15 x General workers 

Do any receive special perks, bonuses or incentives?

No

Are they on contract?

Yes

Do any have management potential?

Yes

How involved  is the Owner in running the business

The current owner is handson.

5. Premises

When does the current lease end?

N/A

Is there an option of renewal & what

N/A

What is the annual escalation %?

N/A

What are the trading hours?

Mon-Fri 8am to 4pm

What is the square meterage of the business?

N/A

Is a copy of the lease available?

N/A

Do you require a licence?

No.

6. Assets

Is a full asset list on file?

Yes

Are any items not included in the sale?

The GWM Bakkie is NOT included in the sale (The Chana bakkie is included and has a settlement of around R50,000 on it to be taken over by the purchaser)

What is their overall condition?

Serviceable and well maintained

Do any require repairing?

Ongoing repairs are made as the franchisor has a mechanic that services and repairs all the machinery.

How have they been valued?

Replacement value, valued by the owner

Which assets are on lease/HP and with whom?

The Chana bakkie is on lease and the buyer to settle or refinance under their name.

What are their settlement amounts?

Seller will provide, but monthly installment is in expenses

Will Seller settle or Buyer to take over?

Buyer to take over the Chana, settlement amount is around R50,000.

Are copies of agreements available?

From Seller

Are they presently insured?

Yes the vehicle not the equipment

7. S.W.O.T. Analysis

Strengths

Very well established franchised business
All clients on long term contracts
Admin and maintenance handled by franchisor

Weaknesses

None identified

Opportunities

Additional services such as tree felling, irrigation, landscaping, topsoil and compost, also the potential to remove household waste.

Threats

None perceived

8. Reason For Sale

What is the reason for the sale?

Lack of owner involvement.  He has other business in another part of the city making this impractical to keep.



 

Garden Service For Sale,Grounds Care Business For Sale,Pretoria Business For Sale,Business For Sale,Small Business For Sale,Business With Contracts For Sale

Reference - R141108
 


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