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Summary The business created a range of cleaning and hygiene products, packaged in innovative release control packaging for use in industrial, commercial and domestic applications. The business was started 10 years ago by the current owner. The business imports some packaging components directly from manufacturers on a daily basis. Local activity is limited to the branding and promotion of products mainly to existing cleaning companies, logistics and administration. The manufacturing and packaging of the finished product is carried out by a large company with whom a strategic alliance has been formed. Most medium and large deliveries are carried out by courier and / or sub-contracted transport companies. Potential customers are identified from 100's of players listed in a buyer’s guide available to the business. One-on-one sales has always yielded the best results. The business is currently only focusing on a number of the largest players. Customers' requirements are however of a continuous nature resulting in monthly contract work orders.
Seller enjoys a market share of approximately 20% - 25%, based on the range of products currently on the market. There are many alternative products that can be added to the range. The business is not seasonal at all but closes during the December / January summer holidays.
All customers have 30 day accounts with the business and all of them pay their accounts by depositing directly into the back account. The company is growing exponentially, 70% year on year increase from 2008 - 2009. The business be improved business is permanently involved in a number of projects. Current projects could see the 2010 revenue double which would result in the earnings before tax, depreciation and owners' drawings increase from the current R240 000 pm to between R350 000 and R400 000 pm.
Leasing Details The business operates from home and can be anywhere in Gauteng. Only an office and garage for the small delivery vehicle is required.
Trading Monday to Thursday; 8 hours. Friday only 5 hours.
Staffing Details There is no staff involved in the handover. Two persons will be able to manage and run the potential business even when it doubles in revenue. (It may however be convenient to have a driver.)
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