Fully describe the business's activities?
The making up and delivery of high quality gift hampers of dried fruit, nuts, chocolates, biscuits , biltong etc. Add flowers to the game and you have a winner.
How long has the business been established?
The business was started 31 years ago.
How long has the owner had the business?
The current owner founded the business.
How does the business operate on a daily basis?
Orders are received by e mail, on line or by phone. The gifts are then made up to customer requirements and then delivered to the recipient.
How are the clients attracted to the business?
E mail Marketing, Signage, Business Card Drops and Website.
What Advertising/Marketing is carried out?
Does the business have any contract work?
What competition exists?
Florists perform similar work.
What are the seasonal trends?
Extra busy last 4 months of the year.
Is the business VAT Registered?
Yes the business is vat registered.
Are there up-to-date Management Accounts available?
Management Accounts are available for approved buyers and AFS going back many years.
What Balance Sheet and Income Statements are available?
All the Financials required. 2018 will be ready shortly.
What percentage of the business is cash/credit?
COD, ETF and a few 30 day accounts.
What is the age analysis of the debtors book?
50% Current, 25% 30 days and 25% 60 days.
How could the profitability of the business be improved?
Social Media Marketing, Google Ad Words, price increase and employ a sales representative.
Is Seller finance available and for what amount?
No seller finance is available.
What is the payback period?
See mandated details
What is the ROI?
See mandated details
Who is the bookkeeper/Accountant?
What is the total staff complement?
Total Staff compliment is 5 including Owner
Give a breakdown of staff/ functions/ length of service?
They have been in the business for many years and are well skilled for the job.
Do any receive special perks or incentives?
Are they on contract?
Do any have management potential?
How involved is the Owner in running the business?
The owner is 100% involved in the business.
When does the current lease end?
This business currently operates from home. 18 sm for sales and 12 sm for storage.
What is the square meters of the business?
They use approximately 60sm
Do you require a licence?
What are the main assets of the business?
Vehicle, Current Database, Computers, Furniture and Fittings and Stock and untapped database for flowers..
Are any items not included in the sale?
What is their overall condition?
Do any require repairing?
How have they been valued ?
Stock at cost and other assets at market value.
Large loyal client base for 31 years. Top quality product and good reputation in market place. Good debtors list.
Good product that is sought after in market place. There is an untapped database to whom you can start adding and selling flowers as well. Turbo Charge you revenue.
What is the reason for the sale?
The Owner wishes to retire and relocate to family in the Western Cape.
Why is this a good business?
Sought after product for all occassions. Nice easy run from home with a long history of loyal clients.
What is the price plus stock and the net profit?
See mandated details.
Annual Turnover Amount between R 500 thousand and R 6 million