Viable shade netting business.

Viable shade netting business.

Introduction:

• This business is situated in Somerset West but can be relocated anywhere and in fact can be run from a double garage at a residential home, thereby saving on the existing rental the owner is paying at present.
• The main function of the business is erecting shade nets at premises, whether it be residential or commercial buildings.
• When the demand is less for the erection of shade nets, the owner also does general maintenance on buildings like waterproofing, gutters, etc.
• His service is well known throughout the area, but he is not restricted to the Helderberg area alone but services the whole of the Western Cape.
• He has all the necessary tools/equipment to execute the necessary jobs and the assets value at this stage amounts to R 47,000.
• The stock would obviously differ according to the orders, but at this stage the stock’s value is R 20,000

Financials:

• The annual average turnover of the business amounts to R 1,1 million.
• On this, the owner achieves a GP of R 439,000 (39%).
• The average annual NP amounts to R 120,000.