Sectors / Category

Annual turnover

  • Mandate: 35927
  • Added: 08 May 2023
  • AFS
  • 1989

Industrial Flooring Specialists

Gauteng, Johannesburg
Mandate 35927
Added 08 May 2023
R 11,000,006* ZAR
Stock: R 6
Assets: R 843,043
R 364,387 ZAR
Chris Ferguson
Aldes Infinity
Gauteng, Midrand
Gauteng, Midrand

Industrial and Commercial Flooring specialists operating across the SADEC region. 5-year contract of R65 million included.

R 11,000,006* ZAR
Stock: R6
Assets: R843,043
R 364,387 ZAR

Industrial and Commercial Flooring specialists operating across the SADEC region. 5-year contract of R65 million included.

To gain access to more business info
please supply us with your details below

Fully describe the business's activities?
The business specialises in flooring solutions with a focus on Epoxy Flooring and Polyurethane Floor coatings, for the industrial and commercial markets. The business operates across the whole SADEC region with the head office based in Gauteng and a second established team in Cape Town.

How long has the business been established?
The company was started in 2015.

How long has the owner had the business?
The current owners are the founders of the business.

How does the business operate on a daily basis?
The managing director sources business and projects through their database of customers and tender announcements. Teams are dispatched to active project sites, and these teams are managed by their respective project team leaders. The technical director ensures quality control and timely completion of projects are maintained. There is a team of 27 independent contractors who assist with projects depending on the workload.

How are the clients attracted to the business?
The business has a strong brand awareness, which assists with repeat business and referrals.

Does the business have any contract work?
Currently the company has +R16,5 million in new projects secured and a potential R144 million quotes sent out for the new financial year, which will be handed over to the new owner. The business recently concluded a 5-year contact for R65 million which equals to 50% of the current annual turnover.

Is the business VAT Registered?
Yes, will be provided during due diligence.

Are there up-to-date Management Accounts available?
Yes, will be provided during due diligence.

What Balance Sheet and Income Statements are available?
Up to date statements are available, which will be provided during due diligence.

What is the total staff complement?
5 Permanent staff
27 Independent contractors

Are they on contract?
Yes, all permanent staff are on contract.

How involved is the Owner in running the business?
100% involved.

When does the current lease end?
Currently on a month to month,and a new lease for 5 years can be secured by the new owners.

Is there an option of renewal & what period?
Yes, for 5 years

What is the square meters of the business?
272 sqm

Is a copy of the lease available?
Yes, will be provided during due diligence.

What are the main assets of the business?
Office furniture and construction equipment

What is their overall condition?
Good working condition

Are they presently insured?
Yes, all assets are insured.

The business specialises in a sector with very few competitors and has built a strong brand through delivering quality work on time. The business has a vast reach with projects completed nationally and in neighbouring countries.

The business revenue is largely dependent on projects and tenders awarded.

With the growth of online shopping, the construction of warehouse facilities has increased drastically year on year. This together with shopping malls, factories and mining operations in SADEC regions has created great demand for the company services.

Local and global economy

What is the reason for the sale?
The owners are immigrating.

Why is this a good business?
The business has a strong brand within their specialised field. The sale includes all pipeline projects awarded for the new financial year.

Other listings by Chris
R 8.30MZAR
Added : 11 Oct 2023 1628
Yearly profit: R4,858,323
R 2.60MZAR
Added : 27 Sep 2023 2642
Yearly profit: R1,617,262
R 9.80MZAR
Added : 11 Sep 2023 2469
Yearly profit: R4,019,851

Aldes Infinity

1 members
7 mandates
Gauteng , Midrand
No 10 MT Boreas Midlands Office Park Midstream 1692

Similar Businesses for sale

Discover similar, inspiring businesses for sale

R 5.60MZAR
Added : 1 Nov 2022 3653
Yearly profit: R1,837,515

Businesses in Gauteng

Annual Turnover Amount between R 500 thousand and R 6 million

Added : 14 Jun 2023 2019
Yearly profit: R411,780
Added : 31 Jan 2022 4303
Yearly profit: R228,424