How long has the business been established?
The business began trading in 2002.
The current owner acquired one division as a going concern in January 2005.
In 2020, the business was split into two entities for efficiency
How does the business operate on a daily basis?
This business operates as two distinct entities:
The one focuses on domestic maintenance and renovations, serving private and commercial customers. Services include bathroom and kitchen renovations, blocked drains, emergency repairs, new developments, domestic maintenance, geyser repairs/replacements, unblocking drains, burst pipe repairs, installation of sewer/stormwater lines, pipe re-lining, certificates of compliance, solar geyser and heat pump installations, and more.
The other specializes in contracting, handling large sub-contracts for new builds such as multi-storey office blocks, hotels, guest houses, and upmarket houses.
Both companies maintain long-term relationships with clients, with much repeat business.
Both companies use advanced equipment (high-pressure jetting, underground drain cameras, mechanical root cutters) and a web-based app for job tracking and client communication.
They operate 5 days a week, and have standby teams available after hours and weekends
How are the clients attracted to the business?
Word of mouth and repeat business
What Advertising/Marketing is carried out?
⢠Currently, no active advertising or marketing is carried out.
⢠Potential exists for expansion through social media, vehicle branding, and educational partnerships.
⢠The business enjoys a large client database (over 4,700 clients )
⢠Most business is generated through repeat clients and long-term relationships.
No additional marketing is currently done, but suggestions for growth include:
⢠Investing in a leak detection team (high demand).
⢠Updating vehicle signage.
⢠Social media marketing and partnering with a DIY expert for educational content.
Does the business have any contract work?
No formal contracts in place, but on-going business from property managers and insurance comapnies etc
What competition exists?
The Western Cape has a competitive plumbing market, with many established contractors and service providers.
However, their reputation, client base, and repeat business provide a strong competitive edge.
What are the seasonal trends?
No real seasonal trends.
It is less busy during school holidays for some reason.
Is the business VAT Registered?
Yes
What VAT documentation is on file?
VAT registration certificate and clearance certificate if required
Are there up-to-date Management Accounts available?
Note that the Aldes Marketing figures in this report have been taken from an average for different periods.
Full management accounts, showing the monthly fluctuations, will be provided - up to July 2025
What percentage of the business is cash/credit?
Approx 35% COD, 65% credit
What is the age analysis of the debtors book?
30 days
How could the profitability of the business be improved?
1. Invest in leak detection equipment and upskill current staff to be able to do leak detection. There is a big demand for leak detection companies.
2. Increase our social media exposure.
3. Do more marketing / advertising
What is the total staff complement?
⢠TPC Plumbing: 33 permanent employees
⢠The Plumbery: 8 permanent employees
⢠Total: 41 permanent staff
Give a breakdown of staff/ functions/ length of service?
MD/ Owner - (20 years)
Office Manager - 12 years. ( Job scheduling, general admin )
Staff list to be provided
Are they on contract?
Permanent contract
Do any have management potential?
Yes. The senior plumber is being groomed for management
How involved is the Owner in running the business?
The owner is currently hands-on but plans to semi-retire, offering to stay for a handover period as needed.
When does the current lease end?
August 2026
Is there an option of renewal & what period?
Yes. The owner is an investor with whom a 5-year lease was signed in 2021.
He should have no problem renewing the lease.
What is the annual escalation %?
7%
What are the trading hours?
07h30 - 16h45
What is the square meters of the business?
225
Is a copy of the lease available?
Yes
Do you require a licence?
No
What lease deposit and/or other surety is required?
Current deposits on hand; Eskom - R27 120 Rent - R41 531
What are the main assets of the business?
3 Vehicles, stock, tools and inventory
Are any items not included in the sale?
Only personal pictures in the owners office
What is their overall condition?
Good
Do any require repairing?
No
Which assets are on lease/HP and with whom?
1 * 2021 Suzuki Super Carry - Wesbank
1 * 2018 Nissan Hardbody 2.5D - Wesbank
What are their settlement amounts?
R42 135
R39 968
Will be settled by the Seller
Will Seller settle or Buyer to take over?
Seller will settle / or negotiable on sale price
Are copies of agreements available?
Yes
Are they presently insured?
Yes
Strengths?
⢠Large, loyal client base (4,700+ clients).
⢠Long-term contracts and repeat business.
⢠Well-established reputation in the Western Cape.
⢠Skilled, permanent workforce.
⢠Advanced equipment and technology (job tracking app, specialized tools).
⢠Strong asset base (vehicles, tools, stock).
⢠Opportunities for growth (leak detection, marketing).
Weaknesses?
⢠Limited current marketing/advertising.
⢠Ownerâs planned retirement may require transition management.
⢠Stockholding kept minimal (could affect rapid response to large jobs).
Opportunities?
⢠Expand marketing (social media, vehicle branding, DIY partnerships).
⢠Invest in leak detection team (high demand).
⢠Increase workforce to take on more contracts.
⢠Tap into new markets (commercial, industrial, green plumbing solutions).
Threats?
⢠Competitive market in Western Cape.
⢠Economic fluctuations affecting construction/maintenance budgets.
⢠Seasonal demand variations.
What is the reason for the sale?
Owner wants to retire due to personal reasons
Why is this a good business?
⢠Established Reputation: Over 20 years in business, trusted by thousands of clients.
⢠Strong Financials: Strong ongoing pipeline, R2,8mil in assets with +- R 400k in stock.
⢠Growth Potential: Untapped marketing opportunities, potential to expand services and workforce.
⢠Skilled Team: Permanent staff, experienced foremen and supervisors.
⢠Owner Support: Smooth transition with ownerâs handover offer.
⢠Location: Based in the Western Cape, a region with ongoing development and demand for plumbing services.
This is an exciting opportunity for a buyer to acquire a well-established, reputable plumbing business with significant growth potential and a strong asset base in the Western Cape.