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Bottle Store in Centurion
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Business For Sale


BUSINESS FOR SALE OVERVIEW


This is an ideally located Bottle Store with great growth potential, it is on the main route to and from the local station and is also located in between three affluent suburbs.

BUSINESS SELLING DETAILS

  Selling Price     950,000   Turn Over Per Month     363,681 
  Stock Included 400,000    Profit Per Month 33,797
  Assets Included  167,000   R.O.I %  32%
  Total Price   950,000    



BUSINESS MANDATE INFORMATION
 History and Overview Of The Business
Fully describe the business's activities  Bottle Store in a great location which is showing steady growth since being opened, the business is on the main route to the local station thereby catching all the home time traffic. It is also further in between three affluent suburbs from which it draws it's trade. Then there is no competition close y either.
When was the business established? June 2018, however, the site has had bottle stores in it for at least 7 years previously
How long has the owner had the business? The owner started the business
 How Does The Business Operate
How does the business operate on a daily basis Owner run
How are the clients attracted to the business? Using the buying group advertising and branding
Facebook, Boards and Signage
Promo's
Local feet
Does the business have any contract work? No
What competition exists? None in the immediate vicinity
Seasonal Trends? Normal for Bottle Stores though November and December seemed equal
 Financial Information
Vat Registered?  No
Vat Documentation on File?Yes  Not registered
Management Accounts?  Yes
Audited Financials? None yet
What as Cash/Credit Split? ±50/50 split
Debtors Book Age Analisys One small account for a neighboring business
How can you improve the profitability? Margins are currently being kept lower than required to help boost sales and feet
Deliveries
Advertising and promotions
   Staffing Of the Business
What is the total number of Staff? Only the owners and a casual
How involved is the Owner in running the business? 100% involved and they run the business
  Premises Of the Business
When Does the Current Lease ends? May 2020
Is there an option to renew? Yes, landlord is open to discussion
What is the annual escalation % 8%
What are the Trading Hours? 08:00-20:00 Monday to Saturday
09:00-15:30 Sunday
What is the square meters? 282m² being reduced to 174m²
Is a copy of the lease available? Yes with seller
Do You require a license? Liquor license
 Assets Of The Business
Full Asset List available? As per the Asset list
 Anything not included in the sale? There are some personal items the seller will point out
 What is condition of the assets Good, The third till is currently not operational
 Any Assets on Lease/HP that Buyer needs to take over?  No
 Are they insured at the moment?  Yes
  SWOT Of The Business
 STRENGHTS Growing business
Location
Three of the surrounding areas are affluent areas
No competition
 WEAKNESSES Re establish store and customer base
 OPPORTUNITIES Recapture the client base and expand into deliveries, etc.
 THREATS None identified
 Summary
Why is the owner selling it? Other business ventures need that require capital tied up n this store


Business For Sale,Businesses For Sale,Retail,Bottle Store,Liquor Store,Gauteng Business For Sale

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have viewed this page since 12 February2019