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Manager Run Biltong Shop Pretoria East
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Business For Sale


BUSINESS FOR SALE OVERVIEW


Biltong Shop For SaleThis well positioned biltong shop is currently manager run.  If you want a passive income (37% ROI), leave it like this.  If you plan to run it yourself you can increase the profit with R9,000 per month without the manager.  What route do you want to take?

BUSINESS SELLING DETAILS

  Selling Price     335,000   Turn Over Per Month     85,510 
  Stock Included 5,000    Profit Per Month 10,488
  Assets Included 105,000    R.O.I % 37%
  Total Price   340,000    



BUSINESS MANDATE INFORMATION
 History and Overview Of The Business
Fully describe the business's activities  This is a neat well positioned biltong shop. It is right in the entrance of a shopping centre in Pretoria East. All the people on the way into the centre and the supermaket walks right past your shop. It is up to you to tap into this client base. Quality of product and position is there. Add a bit of marketing flair in this become opportunity.
When was the business established?  12 years, so the position must be great.
How long has the owner had the business?  4 Months, same manager few years.
 How Does The Business Operate
How does the business operate on a daily basis Manager run with owner only involved in orders to suppliers, prepared by the manager, and the financial aspects of the business, like banking and paying suppliers
How are the clients attracted to the business?  Position, clients walk right past it into and out of the centre
What Advertising/Marketing is carried out? None
Does the business have any contract work? No, but long standing regular clients
What competition exists? Supermarket also sells biltong in the mall, but much better quality from this shop
Seasonal Trends? Busier around sport days, April and December holidays
 Financial Information
Vat Registered?  Seller is not VAT Registered
Vat Documentation on File?  N/A
Management Accounts? Yes.
Audited Financials? No, only management accounts. All relevant info to prove income and expenditures can be provided. 
What as Cash/Credit Split? 50% Cash, 50% Credit Card
Debtors Book Age Analisys  None
How can you improve the profitability? More sales from product range expansion
 Is Seller Finance available and if so what is it?  No, cash sale
   Staffing Of the Business
What is the total number of Staff? 2 staff members.
Staff Breakdown 1 Manager with business for 3 years and 1 casual for weekends
Staff Special Perks and Bonuses?  No
Are the staff on Contract?  One is permanent, 1 is casual
Does any of the staff have management potential?  One act as manager
How involved is the Owner in running the business? Owner is only taking care of suppliers and finance
  Premises Of the Business
When Does the Current Lease ends?  New lease to be negotiated by buyer.
Is there an option to renew?   New lease to be negotiated by buyer. 
What is the annual escalation %   New lease to be negotiated by buyer. 
What are the Trading Hours? Mon - Fri : 09:00-19:00 
Sat : 09:00-17:00
Sun : 09:00-14:00
What is the square meters?  12 m2
Is a copy of the lease available?  Yes, on file
Do You require a license? No ,only a trade licence/health certificate
 Assets Of The Business
Full Asset List available?  Yes, owner will provide, Equipment worth R105,000.  The location and established position with quality product makes up the goodwill
 Anything not included in the sale?  No, everything is included
 What is condition of the assets  Good, none needs repairing
 Any Assets on Lease/HP that Buyer needs to take over?  No
 Are they insured at the moment?  Yes
  SWOT Of The Business
 STRENGHTS Well Established
Position
Ease Of Operation
Manager Run
 WEAKNESSES High rent, but good position. 
Lower return if manager in place, but income then semi-passive
 OPPORTUNITIES Owner can run this shop himself and make an extra R9,000 profit per month, or keep the manager and have a semi-passive income 
Marketing and advertising
Increased stock range
 THREATS  None identified
 Summary
Why is this a good business Manager run, well positioned, easy to run business
Why is the owner selling it? Owner is emigrating


Business For Sale, Biltong Shop For Sale, Pretoria Business For Sale, Manager Run Business For Sale

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