Sectors / Category

Annual turnover

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  • Mandate: 31927
  • Added: 12 Mar 2018
  • 675

Card and gift shop in busy mall

Gauteng, Johannesburg
675
Mandate 31927
Added 12 Mar 2018
R 480,000* ZAR
Stock: R 200,000
Assets: R 0
R 30,490 ZAR
Louis Aucamp
(PRINCIPAL)
Aldes Pro
Gauteng
Summary

Retail business selling greeting cards and gifts in a busy mall

SELLING PRICE
R 480,000* ZAR
Stock: R200,000
Assets: R0
R 30,490 ZAR
Summary

Retail business selling greeting cards and gifts in a busy mall

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please supply us with your details below

Fully describe the business's activities?
Retail shop selling cards and gifts in a busy mall on the west rand

How long has the business been established?
since 1991

How long has the owner had the business?
since 1991

How does the business operate on a daily basis?
Passing trade and advertising on special occasions

How are the clients attracted to the business?
Advertising

Does the business have any contract work?
No

What competition exists?
Cards and gifts are also sold by supermarkets

What are the seasonal trends?
Valentines day, Xmast is busy times

Are there up-to-date Management Accounts available?
Yes will be discussed with serious buyers only

What Balance Sheet and Income Statements are available?
2017

What percentage of the business is cash/credit?
no debtors

What is the age analysis of the debtors book?
nil

How could the profitability of the business be improved?
New owner and new ideas as well as marketing will improve profitability

Is Seller finance available and for what amount?
no

What is the payback period?
18mths

What is the ROI?
35%

What is the total staff complement?
1 staff and the owner

Do any receive special perks or incentives?
No

Are they on contract?
Yes

Do any have management potential?
No

How involved is the Owner in running the business?
100% on daily basis

When does the current lease end?
Needs to be reniwed

Is there an option of renewal & what period?
Yes 3 Years

What are the trading hours?
9 to

Is a copy of the lease available?
^Yes

Do you require a licence?
No

What lease deposit and/or other surety is required?
To be discussed with landlord

What are the main assets of the business?
Shop fittings and POS

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 ?
Owner

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

Are they presently insured?
Yes

Strengths?
Shop is situated in a busy mall

Weaknesses?
Business is affected by economy

Opportunities?
Establish one as a niche market.

Threats?
Supermarkets selling cards and gifts

What is the reason for the sale?
Owner wants to retire

Why is this a good business?
Very well priced business in a busy mall.

What is the price plus stock and the net profit?
R480 000

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FRANCHISE DETAILS

Aldes Pro

2 members
17 active mandates
Gauteng
Malcolm Road
0000

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