History and Overview Of The Business
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| Fully describe the business's activities |
Weekly garden maintenance with a setlist of clients. Extra services are done over the weekend |
| When was the business established? |
2005 |
| How long has the owner had the business? |
The current owner has had the business four years |
How Does The Business Operate
|
| How does the business operate on a daily basis |
Garden maintenance at around 13 houses per day. The weekly schedule is the same from Monday to Friday. |
| How are the clients attracted to the business? |
Most clients are unable to maintain their own garden due to old age or lack of time. The only reason there can be for cancellation would be bad service. |
| What Advertising/Marketing is carried out? |
Facebook marketing mostly. Pamphlets are also handed out. Around 20,000 pamphlets will also be handed over with the business. |
| Does the business have any contract work? |
No, but contracts are setup and in place if the new owner wants to have the clients sign contracts |
| What competition exists? |
The normal for the industry, however business is ever growing because every single house is a possible client.
|
| Seasonal Trends? |
Work is less in the winter but clients never cancel. After winter the business grows at a rapid rate. |
Financial Information
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| Vat Registered? |
No |
| Vat Documentation on File? |
Not registered |
| Management Accounts? |
Yes |
| Audited Financials? |
No, only management accounts |
| What as Cash/Credit Split? |
70% is EFT and 30% cash |
| Debtors Book Age Analisys |
There are a few clients currently a month behind |
| How can you improve the profitability? |
Pamphlets, Word of mouth, Facebook, Additional Services |
| Is Seller Finance available and if so what is it? |
No, cash sale |
Staffing Of the Business
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| What is the total number of Staff? |
Two daily workers and a s supervisor (supervisor role needs to be discussed) |
| Staff Breakdown |
One worker has been working for the business for 15 years and the other for five years. All the work is done by the two workers with the supervisor assisting where possible (Supervisor role to be discussed) |
| Staff Special Perks and Bonuses? |
No |
| Are the staff on Contract? |
No |
| How involved is the Owner in running the business? |
Current owner is very involved, involvement by the new owner will be up to the new owner. |
Premises Of the Business
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| When Does the Current Lease ends? |
Seller runs it from his property and the buyer will need to relocate the business. |
| What are the Trading Hours? |
Mon - Fri 7:00 - 17.00, Additional services on the weekend |
Assets Of The Business
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| Full Asset List available? |
Yes, Asset register is available |
| Anything not included in the sale? |
No, everything is included |
| What is condition of the assets |
All in good condition with some basically brand new, where otherwise as indicated on asset register |
| Any Assets on Lease/HP that Buyer needs to take over? |
No |
SWOT Of The Business
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| STRENGHTS |
Well established client base, very loyal clients for over 10 years. Excellent relationships with clients |
| WEAKNESSES |
Available time in day
|
| OPPORTUNITIES |
Every single person is a possible client, people are easily convinced because of affordable prices. |
| THREATS |
A lot of competition, that's why relationships with clients are extremely important
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Summary
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| Why is this a good business |
Ever growing business with endless possibilities.
Other services also offered for extra income. |
| Why is the owner selling it? |
Seller is ready for new challenges in his life
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