Fully describe the business's activities?
The business offers monthly maintenance and solar installations for swimming pools. The company has over 50 monthly clients, the cleaning and maintenance is done weekly on Mondays and Fridays. The days in between maintenance days are used for larger ad hoc maintenance work and pool upgrades.
How are the clients attracted to the business?
Facebook
Word of mouth
What are the seasonal trends?
Winter months there are an increase in larger maintenance work, spring through summer the pool clean up queries increases.
Is the business VAT Registered?
No, the revenue is below R1,000,000 p.a
Are there up-to-date Management Accounts available?
Yes, they are up to date
What percentage of the business is cash/credit?
100% cash
How could the profitability of the business be improved?
Additional services to be added to the existing client base, additional vehicle to services other area's.
What is the total staff complement?
1 x staff member
1x casual staff
How involved is the Owner in running the business?
100% involved
When does the current lease end?
Business operates from owners home
What are the main assets of the business?
1 x vehicle
tools and pool parts
Are they presently insured?
yes
Strengths?
The business has a team of experienced professionals who are well-trained in pool maintenance and have extensive knowledge about pool equipment, chemicals, and maintenance procedures. The business offers a wide range of services beyond basic pool maintenance, such as pool repairs, equipment installation, and water testing. This diversification increases your revenue potential and provides additional value to customers.
Weaknesses?
The demand for pool maintenance services tends to be seasonal, with peak demand during the warmer months. This can lead to fluctuations in revenue and require strategic planning to manage offseason periods effectively.
Opportunities?
Establish partnerships with local pool builders or suppliers to provide maintenance services for newly constructed pools or as part of a maintenance package. Collaborating with complementary businesses can help the business tap into new customer segments and generate more revenue.
Threats?
Economic downturns or fluctuations can impact customers' disposable income and their willingness to spend on non-essential services like pool maintenance.
What is the reason for the sale?
Owner is immigrating.
Annual Turnover Amount between R 500 thousand and R 6 million