Business For Sale,Businesses For Sale,Retailer,Mattresses,Beds,Gauteng Business For Sale
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Bed and Mattress Retailer
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Business For Sale


BUSINESS FOR SALE OVERVIEW


Bed and mattress retailer in a prime location, very easy to run and profitable.


BUSINESS SELLING DETAILS

  Selling Price     590,000   Turn Over Per Month     231,196 
  Stock Included 170,000    Profit Per Month 31,000
  Assets Included  20,000   R.O.I %  63%
  Total Price   590,000    



BUSINESS MANDATE INFORMATION
 History and Overview Of The Business
Fully describe the business's activities  Sales of mattresses, beds, headboards and bedroom accessories and all bedroom related items
When was the business established? Two years
How long has the owner had the business? The business was started by the owner
 How Does The Business Operate
How does the business operate on a daily basis Owner run
How are the clients attracted to the business? Word of mouth
position - business has a prime spot (will be further elaborated to serious buyers)
What Advertising/Marketing is carried out? Google Adwords, iYellow (Yellow Pages), Facebook, Pamphlets, Advertising boards
Does the business have any contract work? No, it is a retail store
What competition exists? The normal for the industry
Seasonal Trends? December, July and November are peak months
 Financial Information
Vat Registered?  No
Vat Documentation on File?  Not registered
Management Accounts? Yes and supported by bank statements
What as Cash/Credit Split? 6% Cash
Debtors Book Age Analisys No debtors book but some layby over three months, however very small
How can you improve the profitability? More advertising and marketing and increase the stock holding
 Is Seller Finance available and if so what is it? A small amount may be considered for the right buyer, but surety will be required
   Staffing Of the Business
What is the total number of Staff? One staff member
Staff Breakdown The staff member does everything and runs the business in the owners absence, the owner while also selling focuses on advertising and admin
Staff Special Perks and Bonuses? Salary and 3% commission on sales
Are the staff on Contract?  No
Does any of the staff have management potential? The staff member does everything and the seller says he is fantastic
How involved is the Owner in running the business? Owner is 100% involved in running the business
  Premises Of the Business
When Does the Current Lease ends? March 2020
Is there an option to renew? Yes for two years
What is the annual escalation % 8%
What are the Trading Hours? 09:00-17:00 Monday to Friday
09:00-14:00 Saturday
10:00-13:00 Sunday
Is a copy of the lease available? Yes
Do You require a license? No
 Assets Of The Business
Full Asset List available?  Yes, owner will provide
 Anything not included in the sale? Laptop and Fridge
 What is condition of the assets Good condition
 Any Assets on Lease/HP that Buyer needs to take over? None
 Are they insured at the moment? No
  SWOT Of The Business
 STRENGTHS Location
Price and quality of products
Client service
 WEAKNESSES Capital to stock up more
 OPPORTUNITIES Stocking up more
Additional stock ranges
 THREATS Economy
 Summary
Why is this a good business Well established , well run, well located business
Why is the owner selling it? Relocation to look after parents


Business For Sale,Businesses For Sale,Retailer,Mattresses,Beds,Gauteng Business For Sale

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have viewed this page since 09 January 2019