Reputable renting Silk Flower Arrangements business
Listing # GBB199 Location Gauteng Selling Price R 65,000 Annual Sales R 42,000 SDE R 42,000 ROI 64.60% Industry Beauty & Health
This reputable “Silk Flower business” which manufacturer and renting out about 200 different sizes Silk Flower arrangements, is situated in Pretoria and was established 3 years ago.
The business operates currently from a double garage (80sqm), but the assets and stock can easily be moved to any other place (40sqm) which will also be sufficient and this makes it ideal to own and operate the business from home if so preferred, with the added benefit of rental premises savings, providing you have sufficient space.
The business has earned the trusts of its loyal base of customers since its establishment with quality service. The Silk Flower business offers a wide range of different beautiful arrangements.
Business is relatively easy to own and operate and was managed by the Lady Owner.
The selling price of the business on offer is R65,000 and include about two hundred beautiful silk flower arrangements of varied sizes. The cost to manufacturer a small, a medium and a large arrangement varies between R250 to R1200 and been renting out on a monthly basis for a small arrangement for R280, a medium arrangement for R350 and a large arrangement for R560.
EBPITD/SDE profit (Earnings before Proprietors Compensation, Interest, Tax and Depreciation – Sellers Discretionary Earnings) averaged about R42,000 per annum equating to an excellent ROI of 64.6%.
This Business will suit a Lady Owner who has a keen interest in the Silk Flower renting industry and with a flair for marketing and explore new opportunities as well.
The current Owner has grown this well-known business with a loyal client base into a profitable operation. The reason for the owner wanting to sell is that she accepted a fulltime job.
The business is being sold as a going concern and the Owner will ensure adequate training and assistance after take-over.
There is further potential for sustainable growth with more dedicated marketing and expansion at GP practices, hair salons, schools, churches, old age homes, guest houses, restaurants and various corporate businesses . Payment terms for clients are all on a monthly advance basis.