Corporate Promotions For Sale
Gauteng (GP) businesses for sale
Professional businesses for sale
Advertising/Mkting businesses for sale, Gauteng (GP)
About this business for saleCorporate Promotions For Sale
This promotional business on offer, was started in September 2013 by two Owners/Business partners in the West Rand and has been in business since. The majority of their ± 150 clients are situated in Gauteng, but they also having loyal clients in other provinces like North West, Kwa-Zulu Natal and the Free State.
The two owners are involved with the marketing, managing and administration of the promotional business, on a daily basis. The only reason why this promotions business on offer is now coming on the market, is that both the Owners are emigrating.
The business offers a wide variety/range of corporate gifts, Olive Delight customised gifts, corporate clothing, marketing equipment, printing and ‘Monster Board Games”. It is an exciting opportunity for a new owner to grow it further and to be successful in a very competitive industry.
Currently Corporate Clothing & Gifts contribute about 58% of the sales, but with a new marketing strategy by the directors with the focus now on “Monster Board Games”, “Olive Delight” and Marketing Equipment, the contribution of these are going to have a significant impact on the future growth of sales and net profits.
Further growth to increase sales and net profits in a very competitive industry for corporate gifts, clothing, printing, marketing equipment and life-sized board games, lies in a more aggressive marketing strategy, using social media.
A new Buyer with the required Level 1 BBBEE status, will definitely maximise the potential of this business to access more corporate clients and thus increase sales/profits accordingly.
The average monthly turnover for the three months March to May 2017 was R287 581. The projected income for the 2018 financial year will be about R3m compared with the 2017 actual figure of R2.057m.
The selling price of this promotions business on offer is R500 000 plus VAT and includes assets of R35 000 and stock at cost of R23 000.
The projected calculated NPBITD for the 2018 financial year amounts R397 000 with a ROI of 79% on the proposed selling price of R750 000 and a calculated payback period of 16 months
Full financial statements of expenses/income as well as a detailed asset list, are available to serious buyers.
The business is being operated from the top storey of a double storey house owned by one of the Directors, which is also being used as a dwelling. The house will also be sold before emigrating. There will be no new lease agreement to be taken over by a new Buyer and the new Owner has to find a new premises therefore to relocate the business to.
For any further enquiries about this promotional business on offer, please contact the listed Link West Rand Business Broker.