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Retail Beads,Arts and Crafts Business For Sale
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OVERVIEW

Well established, well located bead shop for sale. The business is a destination shop and has a strongArts and Craft Business For Sale customer base. Apart from the selling of beads and related items they also hold workshops. This is not done on a regular basis and create an opportunity for a buyer.  This is a well located business in Pretoria East.








Fitment Centre For SaleSELLING DETAILS

Selling Price

199,000

Turnover pm

40,000

Stock Included

100,000

Profit pm

9,000

Total Asking Price

299,000

Nett Assets Incl

30,000






Bead Arts and Crafts Business For Sale



MANDATE REPORT

1. History Background

Fully describe the business's activities

Well established, well located bead shop for sale. The business is a destination shop and has a strong customer base. Apart from the selling of beads and related items they also hold workshops. This is not done on a regular basis and create an opportunity for a buyer.

How long has the business been established?

5 Years

How long has the owner had the business?

The owner started the business

2. Present Market

How does the business operate on  a daily basis

Owner is actively involved in the running of the business.

How are the clients attracted to the business

Regular customer base

What Advertising/Marketing is carried out

Website. No other marketing

Does the business have any contract work

No

What competition exists

None in close proximity

What are the seasonal trends

None perceived

3. Financial

Are there up to date management accounts?

Yes

What percentage of the business is cash/credit?

100% Cash and speed point

How could the profitability of the business be improved?

Any marketing will increase business

Is Seller finance available and for what amount?

No

4. Staffing

What is the total staff complement?

Owner and 1 assistant from time to time. The owner gets someone to do the workshops.

How involved  is the Owner in running the business

Owner is actively involved in the running of the business

5. Premises

When does the current lease end?

Lease ends November 2012

Is there an option of renewal & what period

Yes, to be negotiated

What are the trading hours?

Mon-Fri 9am – 5pm, Sat 9am – 1pm, but centre has a relaxed attitude about trading hours

What is the square meterage of the business?

100m2

Is a copy of the lease available?

Yes

Do you require a licence?

No

6. Assets

Is a full asset list on file?

Yes available and prepared for fair market value. The assets are mostly shelving and tables

Are any items not included in the sale?

No

What is their overall condition?

Excellent

Do any require repairing?

No

How have they been valued?

Fair market / Replacement value.

Which assets are on lease/HP and with whom?

N / A

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

Well established, well located business with lots of potential

Weaknesses

Not enough marketing

Opportunities

Regular workshops

Threats

None perceived

8. Reason For Sale

What is the reason for the sale?

The owner wants to take a break and travel through Korea

9. Conclusion

Why is this good business to buy?

Well established business with great potential at a good price



 

Businesses For Sale,Craft Business For Sale,Beads Business For Sale,Arts Business For Sale,Pretoria East Business For Sale,Pretoria Business For Sale,Retail Business For Sale

R121005
 

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