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Sold by Cliff Bell of Aldes Jan 2021
R250 000 on a 13 yr established business.
Timber & composite options are available from established suppliers to suit the budget & needs of their clients (private & contractors). The owner receives website enquiries, emails or calls, visits the client/prepares a quote, takes in deposit from private clients, before ordering materials & designing the deck, then instructing staff on-site - where after the staff carry out the work alone (as many years experience).
MA's are kept up to date with great detail. Every expense is accounted for - before deriving the Net Profit of some R191 000 pa.
The owners personal benefits are added-back to obtain the full/true NP of the business at R191 000pa that a new owner could decide how to utilise as profit/salary etc.
5 full-time : 2 Carpenters/drivers , supported by 3 assistants - paid through a Broker so fully documented;
while large jobs might entail brining in extra labour or a regular external sub-contractor with his team.
The owner is involved in most management aspects of the business as covered in the first point (1 -2 hrs a day) - but not involved in working on-site where he hardly is - as he has another business which demands his time. He also spends no time driving the marketing/ business development, which a new owner could do.
Not much space is required for the storage of the tools etc - which are presently kept in storage of some 36m2 with an annual charge of R20 000. Raw materials required are either delivered to site or collected using the two Company bakkies.
1 ton & half-ton bakkies (2) : worth some R200 000 together, which is approximately the outstanding debt at the banks - noting that the repayments of some R7 900pm (av 28 months remaining) are included in the expenses of the Report.
Then wood cutting machinery & hand tools at some R20 000 2nd hand value vs some R50 000 new - all being sufficient for the Business's needs;
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