Great Location Health Shop For Sale
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Great Location Health Shop For Sale
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Business For Sale

BUSINESS FOR SALE OVERVIEW

Profitable health shop selling various health related products in a desirable shopping centre with a great position and wonderful hours, the seller is down-scaling and is therefore prepared to release this business for an extremely good price.


Fitment Centre For SaleSELLING DETAILS

Selling Price

220,000

Turnover pm

51,483

Stock

60,000

Profit pm

11,164

Total Asking Price

280,000

Nett Assets Incl

5,000





MANDATE REPORT

 

1. History Background

Fully describe the business's activities

Health shop that sells supplemental health products, health foods, diet products and alternative medicines including homeopathic products.

How long has the business been established?

2 Years.

How long has the owner had the business?

2 Years.

What steps are in place to solve "load shedding" problems

None, the business can however easily run on a PC UPS to run the till and card machine.

2. Present Market

How does the business operate on  a daily basis

Owner run.

How are the clients attracted to the business

Word of mouth, Passing trade due to the great location of the business in the shopping centre at the entrance to major retailer.

What Advertising/Marketing is carried out

None.

Does the business have any contract work

No.

What competition exists

None.

What are the seasonal trends

Peak period is the winter months with the cold supplemental, however in the summer months the diet products are in great demand.

3. Financial

Is the business VAT Registered

No.

What VAT documentation is on file?

None.

Are there up to date management accounts?

Seller is preparing.

What audited financials are available, income statement and or balance sheets?

None.

What percentage of the business is cash/credit?

¾ pay by card and ¼ pay cash.

What is the age analysis of the debtor’s book?

None.

How could the profitability of the business be improved?

Advertising in the Record newspaper. Radio advertising on the local stations such as Jacaranda and Radio Pretoria. Look for exclusive distribution deals on products and potentially become a distribution point for such products.

Is Seller finance available and for what amount?

No

4. Staffing

What is the total staff complement?

Only the owner, the new owner can employ somebody in the business, especially if this is a second shop.

Staff Breakdown and length of service

N/A

Do any receive special perks, bonuses or incentives?

N/A

Are they on contract?

N/A

Do any have management potential?

N/A

How involved  is the Owner in running the business

100%

5. Premises

When does the current lease end?

The current lease expires end of August 2013.

Is there an option of renewal & what period

Yes, 2 or 3 years.

What is the annual escalation %?

10%

What are the trading hours?

Mon-Fri 9am-5:30pm, Sat 9am-1pm, Sun is optional

What is the square meterage of the business?

15m²

Is a copy of the lease available?

Yes

Do you require a licence?

No

6. Assets

Is a full asset list on file?

The seller will draw up a full list.

Are any items not included in the sale?

No.

What is their overall condition?

Very Good.

Do any require repairing?

No.

How have they been valued?

Owner valuation.

Which assets are on lease/HP and with whom?

None.

What are their settlement amounts?

N / A

Will Seller settle or Buyer to take over?

N / A

Are copies of agreements available?

N / A

Are they presently insured?

Yes

7. S.W.O.T. Analysis

Strengths

The business focuses on exclusive products that are not available in the big chains. The businesses position is perfectly situated with lots of feet passing the store.

Weaknesses

Not enough marketing.

Opportunities

More exposure with marketing and advertising. Bring in extra products such as gym specific products.

Threats

None identified

 

8. Reason For Sale

What is the reason for the sale?

The seller is looking to scale back the reasons for which will be explained to a serious buyer.

9. Conclusion

Why is this a good business to buy?

This is a nice profitable business, easy to handle with a great position in the shopping centre and great hours as well.





 

Health Shop For Sale,Pretoria East Business For Sale,Established Business For Sale,Retail Business For Sale

R130509
 


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