Sectors / Category

Annual turnover

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  • Mandate: 31523
  • Added: 30 Aug 2018
  • AFS
  • 701

Novelty cake and cupcake bakery

Gauteng, Johannesburg
701
Mandate 31523
Added 30 Aug 2018
R 790,000* ZAR
Stock: R 0
Assets: R 215,000
R 23,872 ZAR
Louis Aucamp
(PRINCIPAL)
Aldes Pro
Gauteng
Summary

A well known work from home bakery that specialise in novelty cakes, cup cakes and birthday cakes with a lot of repeat business.

Novelty cake and cupcake bakery
SELLING PRICE AFS
R 790,000* ZAR
Stock: R0
Assets: R215,000
R 23,872 ZAR
Summary

A well known work from home bakery that specialise in novelty cakes, cup cakes and birthday cakes with a lot of repeat business.

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Fully describe the business's activities?
Novelty cakes ,cupcake and birthday cake bakery. Work from home

How long has the business been established?
since 1993

How long has the owner had the business?
since 2011

How does the business operate on a daily basis?
Bake one layer, picture transfer, cupcakes and deliver Mon to Fri

How are the clients attracted to the business?
Word of mouth, repeat business and internet

What Advertising/Marketing is carried out?
google ads, magazines

Does the business have any contract work?
no

What competition exists?
There are other businesses in the area baking cakes

What are the seasonal trends?
16 Dec to 6Jan is quiet

Is the business VAT Registered?
no

What VAT documentation is on file?
n/a

Are there up-to-date Management Accounts available?
Yes

What percentage of the business is cash/credit?
eft

What is the age analysis of the debtors book?
Only 2 customers pays on 30 day account rest is cash

How could the profitability of the business be improved?
Aditional Marketing

Is Seller finance available and for what amount?
No

What is the payback period?
30

What is the ROI?
30

What is the total staff complement?
2

Give a breakdown of staff/ functions/ length of service?
Both bake and decorate

Do any receive special perks or incentives?
Bonus in December

Are they on contract?
no

Do any have management potential?
no

How involved is the Owner in running the business?
Fully involved

When does the current lease end?
work from home

What are the trading hours?
8-5

Do you require a licence?
Only health certificate

What are the main assets of the business?
Ovens and baking equipment

Are any items not included in the sale?
no

What is their overall condition?
good

Do any require repairing?
no

How have they been valued ?
owners valuation

Which assets are on lease/HP and with whom?
none

Are they presently insured?
Yes

Strengths?
Good product well priced with repeat cliental

Weaknesses?
not al long shelf life

Opportunities?
Additional marketing to part venues and shopping centres

Threats?
Competition.

What is the reason for the sale?
Owner has time constrains and can not be involved on a full time basis.

Why is this a good business?
Excellent product with loyal clients. Business is known in the industry for their quality service

What is the price plus stock and the net profit?
Price R850000 Profit R285 000

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FRANCHISE DETAILS

Aldes Pro

2 members
20 active mandates
Gauteng
Malcolm Road
0000

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