Sectors / Category

Annual turnover

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  • Mandate: 32173
  • Added: 16 May 2019
  • 268

Supermarket with bakery and liquor store

Gauteng, Johannesburg
268
Mandate 32173
Added 16 May 2019
R 1,650,000* ZAR
Stock: R 350,000
Assets: R 450,000
R 68,865 ZAR
Louis Aucamp
(PRINCIPAL)
Aldes Pro
Gauteng
Summary

This business is situated on a busy road and apart from providing a convenience service to the local residential area, it also attracts business from the staff and visitors of nearby businesses. Apart from the supermarket it has a liquor store and bakery which makes it a truly one stop service for clients. There is ample parking and a bank teller for those who also needs cash.

Supermarket with bakery and liquor store
SELLING PRICE
R 1,650,000* ZAR
Stock: R350,000
Assets: R450,000
R 68,865 ZAR
Summary

This business is situated on a busy road and apart from providing a convenience service to the local residential area, it also attracts business from the staff and visitors of nearby businesses. Apart from the supermarket it has a liquor store and bakery which makes it a truly one stop service for clients. There is ample parking and a bank teller for those who also needs cash.

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Fully describe the business's activities?
Supermarket with liquor store and bakery. They Provide lunch for the staff of the nearby businesses and is a one stop service for the residents in the local area.

How long has the business been established?
20 years

How long has the owner had the business?
20 years

How does the business operate on a daily basis?
Selling to public on daily basis

How are the clients attracted to the business?
Name boards on the outside of the premises, and word of mouth

What Advertising/Marketing is carried out?
None

Does the business have any contract work?
No

What competition exists?
Various businesses supply the same service, but not all in one premises.

What are the seasonal trends?
Summer trade is better and December is best month

Is the business VAT Registered?
Yes

What VAT documentation is on file?
Yes

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

What Balance Sheet and Income Statements are available?
2017

What percentage of the business is cash/credit?
90% cash 10% credit

What is the age analysis of the debtors book?
na

How could the profitability of the business be improved?
Advertising and expanding the takeaway offering

Is Seller finance available and for what amount?
no

What is the total staff complement?
12

Give a breakdown of staff/ functions/ length of service?
5 cashier 2 merchandisers 2 supervisors 2 bakers 1 manager

Do any receive special perks or incentives?
no

Are they on contract?
yes

Do any have management potential?
manager

How involved is the Owner in running the business?
Oversight, cash management and stock controll

Is there an option of renewal & what period?
Yes

What are the trading hours?
Sun - Thu 7AM to 9 Pm Fri - Sat 7 Am to 10 AM

What is the square meters of the business?
440 m2

Is a copy of the lease available?
Yes

Do you require a licence?
yes liquor license

What are the main assets of the business?
POS camera Shelves Bakery equipment Generator Fridges

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

Strengths?
Good location in residential area. Is supermarket, liquor store and bakery in one. Can support local businesses with daily requirements.

Weaknesses?
Unknown brand

Opportunities?
expand on takeaways and advertising

Threats?
Diminishing buying powers in the South-African economy

What is the reason for the sale?
Owner wishes to retire due to health reasons

Why is this a good business?
This is a liquor store, bakery and supermarket in one situated on a busy road. A one stop service to its clients

What is the price plus stock and the net profit?
R1 300 000 plus stock of R350 000 Avg net. income of R68 865pm

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FRANCHISE DETAILS

Aldes Pro

2 members
18 active mandates
Gauteng
Malcolm Road
0000

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