Fully describe the business's activities?
Exciting Flag and Banner company for sale. One man business or can be added to an existing Flag and Banner Company.
This highly profitable company is up for grabs as the owner wants to immigrate.
There is an existing client base with active clients, and new enquiries every day. This company is a cash only business that only have one client on 30 days.
The owner has done extensive marketing and also has a radio ad running for the next 3 months. It is currently a home-based business but can be relocated to anywhere. All work is outsourced to reduce Salary and Wages expenditure.
The website does very good and an average of 5 new enquiries per day. This excludes word of mouth and regular orders.
How long has the business been established?
3 years
How does the business operate on a daily basis?
The business is operated from the seller's study at home. Enquiries gets send via email from existing clients or new clients via the web and telephone.
Products are quoted on and sourced from preferred suppliers.
Digital proofs get send to client with quote, once payment is received, the order is placed at various suppliers.
It gets delivered to the business address, where the owner package and dispatch it to the client.
How are the clients attracted to the business?
Webiste and email marketing
Is the business VAT Registered?
Yes
What VAT documentation is on file?
The VAT submissions for the last 12 months are available.
Are there up-to-date Management Accounts available?
Yes
What percentage of the business is cash/credit?
100% cash
What is the total staff complement?
Only the owner operating the business.
What are the main assets of the business?
Office equipment and server
Strengths?
The business has strategic alliances and partnerships that give it an edge in the market.
Weaknesses?
Ongoing marketing is required in order to source business.
Opportunities?
As businesses increasingly go digital, there are opportunities to offer digital marketing and branding services.
Threats?
Economic recessions can lead to reduced marketing budgets for clients.
What is the reason for the sale?
Owner want to immigrate to Canada
Annual Turnover Amount between R 500 thousand and R 6 million