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Wednesday , January , 27 2021
Two Johannesburg Biltong Stores
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BUSINESS FOR SALE OVERVIEW


Two Johannesburg Biltong Stores for sale, add to your existing group or the start of your new group, else if you prefer this can be a great lifestyle business.

BUSINESS SELLING DETAILS

  Selling Price     720,000   Turn Over Per Month     236,189 
  Stock Included 75,000    Profit Per Month 29,399
  Assets Included  85,000   R.O.I %  47%
  Total Price   720,000    


BUSINESS MANDATE INFORMATION
 History and Overview Of The Business
Fully describe the business's activities  Two Biltong stores based in Johannesburg. These stores have staff, systems and procedures in place.
When was the business established? Over 3 years
How long has the owner had the business?  For 2 years and 6 months
 How Does The Business Operate
How does the business operate on a daily basis The stores are Manager run
How are the clients attracted to the business? Rely on foot traffic of the malls
What Advertising/Marketing is carried out? Only in center advertising has been done
Does the business have any contract work? No
What competition exists? Other biltong stores in the area
Seasonal Trends? January and February are the quitest months, December the busiest
 Financial Information
Vat Registered? Yes
Management Accounts?  Yes
What as Cash/Credit Split? 60% card and 40% cash
How can you improve the profitability? More advertising and more of a hands-on approach from owner
 Is Seller Finance available and if so what is it?  No, cash sale
   Staffing Of the Business
What is the total number of Staff? Thee staff members
Staff Breakdown 2 managers and 1 part time workers
Staff Special Perks and Bonuses?  No
Are the staff on Contract?  No
Does any of the staff have management potential? Already in place
How involved is the Owner in running the business? Not as involved as he should be as he is dedicated to his other businesses
  Premises Of the Business
When Does the Current Lease ends? Seller to confirm
Is there an option to renew? Yes
What are the Trading Hours? 09:00 - 19:00 Mon - Sun
Is a copy of the lease available?  Yes with seller
Do You require a license? No
 Assets Of The Business
Full Asset List available? See asset list
 Anything not included in the sale? All assets will be sold with the business
 What is condition of the assets Good, but could use a touch up at 1 stores and the other is brand new
 Any Assets on Lease/HP that Buyer needs to take over?  No
 Are they insured at the moment?  Yes
  SWOT Of The Business
 STRENGHTS Great positions in the malls.
Well trained staff in place
Good product range with excellent quality
Systems and procedures
Returning customer base
 WEAKNESSES Time required from the owner
 OPPORTUNITIES Expand with more stores
Additional product lines and services
The normal marketing and advertising
Give permanent staff more management opportunities
 THREATS The economy
 Summary
Why is the owner selling it? Owner is moving overseas


Business For Sale,Businesses For Sale,Biltong Stores For Sale,Gauteng Business For Sale
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