How does the business operate on a daily basis?
This business services, repair and sells all makes and models of Power Tools and Construction equipment, including Generators, Hammers, Welders, Rammers and Compressors

This business offers exceptional customer service, and technical advice to the retail, industrial, and residential customers The store has become synonymous with quality, most cost effective and best service in the market.

Clients bring their broken equipment in for repairs, repairs are done, and the client collects. They also do a lot of onsite work, repair and service of Generators and other construction equipment.

How are the clients attracted to the business?
The business has many repeat customers and a physical store with branding as well as a website

They get a lot of word-of-mouth referrals from Adendolf, Makita, Bosch and Ryobi as they are the preferred service providers

What Advertising/Marketing is carried out?
Website
Face book
Whats app

Does the business have any contract work?
No, only loyal customers

What competition exists?
This business is a preferred supplier for well-known brands, and they are listed as the preferred repair supplier. This lends credibility to the name, and this is difficult to obtain

What are the seasonal trends?
December is a bit quite because of the builders break, but picks up in January again

Is the business VAT Registered?
Yes

What VAT documentation is on file?
All up to date

Are there up-to-date Management Accounts available?
On Request

What percentage of the business is cash/credit?
All sales are EFT or paid by card. Business tries to eliminate receiving cash

How could the profitability of the business be improved?
More advertising

Is Seller finance available and for what amount?
Seller finance is available. The specific terms will be discussed depending on the buyer's available funds

What is the total staff complement?
1 admin / reception person
1 Head Technician
1 Junior general worker
Owner

Give a breakdown of staff/ functions/ length of service?
Admin person started 2023 - Run the front of the shop, all administration, all money receive, open and close shop

Head Technician -Repair and Service all the machines and equipment

Junior General Worker - When Head Technician is not in the shop the Junior Technician will do brushes for machines, repair weed eaters and lawn mowers, clean

Do any receive special perks or incentives?
No

Are they on contract?
Only the Admin lady is on a contract

How involved is the Owner in running the business?
The Head technician does the repairs on the products. The owner assists when required

When does the current lease end?
June 2025

Is there an option of renewal & what period?
Yes, year to year or 3 years

What is the annual escalation %?
10%

What are the trading hours?
Monday to Friday 08h00 tot 16h30
Some Saturdays, twice a month

What is the square meters of the business?
250 square metres

Is a copy of the lease available?
Yes

Do you require a licence?
Not a licence, but the accreditation to the tool manufacturers will come with the business

What lease deposit and/or other surety is required?
One month's rental

What are the main assets of the business?
Specialised tools, desks, computer and camera system

Are any items not included in the sale?
Everything is included

What is their overall condition?
Second hand and in working condition, being used daily

Do any require repairing?
No repairs required

How have they been valued ?
By seller

Which assets are on lease/HP and with whom?
Nothing is on HP/lease

Are they presently insured?
Yes

Strengths?
Long-standing with repeat customers
Well-known
Accredited with product manufacturers

Weaknesses?
Head technician is a new employee and is being trained by the owner

Opportunities?
Business can be relocated when lease ends, within reason

Threats?
None identified

What is the reason for the sale?
Seller wants to focus on new ventures

Why is this a good business?
This is a well-known and reputable business with loyal customers. It has been in operation for decades and with the right owner will continue to offer quality repairs to customers