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Annual turnover

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  • Mandate: 32125
  • Added: 22 May 2018
  • 597

Franchised liquor store

Gauteng, Johannesburg
597
Mandate 32125
Added 22 May 2018
R 1,150,000* ZAR
Stock: R 500,000
Assets: R 250,000
R 13,810 ZAR
Louis Aucamp
(PRINCIPAL)
Aldes Pro
Gauteng
Summary

Franchised liquor store situated on a busy intersection

SELLING PRICE
R 1,150,000* ZAR
Stock: R500,000
Assets: R250,000
R 13,810 ZAR
Summary

Franchised liquor store situated on a busy intersection

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please supply us with your details below

Fully describe the business's activities?
Small shop on a busy corner selling liquor to people who walk in as well as bulk sales

How long has the business been established?
14 years

How long has the owner had the business?
12 Months

How does the business operate on a daily basis?
Sell to people who walk into the shop on a daily basis

How are the clients attracted to the business?
Advertising boards on the shopfront

What Advertising/Marketing is carried out?
None

Does the business have any contract work?
No

What competition exists?
There are many liquor stores

What are the seasonal trends?
Holidays and December are very busy

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

What Balance Sheet and Income Statements are available?
2018

What percentage of the business is cash/credit?
mostly cash

What is the age analysis of the debtors book?
no debtors book

How could the profitability of the business be improved?
Agressive advertising

Is Seller finance available and for what amount?
No

What is the total staff complement?
5

Give a breakdown of staff/ functions/ length of service?
Manager 2 x cashier 2 x packers

Do any receive special perks or incentives?
no

Are they on contract?
yes

Do any have management potential?
Yes manger

How involved is the Owner in running the business?
Oversee on regular basis

When does the current lease end?
2 years

Is there an option of renewal & what period?
yes , negotiable with landlord

What is the annual escalation %?
8%

What are the trading hours?
8 to 7

Who is the Owner/Landlord?
Bethongo group

Is a copy of the lease available?
yes

Do you require a licence?
yes liquor license

What lease deposit and/or other surety is required?
months rental and electricity

What are the main assets of the business?
forklift, shelves, computer equipment

Are any items not included in the sale?
fridges from suppliers

What is their overall condition?
good

Do any require repairing?
no, just normal maintenance

How have they been valued ?
Owner

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

What are their settlement amounts?
Na

Will Seller settle or Buyer to take over?
Na

Are they presently insured?
Yes

Strengths?
Business is on a busy intersection

Weaknesses?
Need liquor license to operate to regulations

Opportunities?
Bulk supply to pups

Threats?
Economy

What is the reason for the sale?
Owners do not have the time to spend at the business

Why is this a good business?
Good turnover, busy corner, and new development in area

What is the price plus stock and the net profit?
R1 050 000

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FRANCHISE DETAILS

Aldes Pro

2 members
17 active mandates
Gauteng
Malcolm Road
0000

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