Sectors / Category

Annual turnover

|
  • Mandate: 32201
  • Added: 26 Jun 2018
  • 168

Kiddies Bear Building Main Franchise (to be re-started, GP of R1.3m on the stock alone)

SA Countrywide, SA Countrywide
168
Mandate 32201
Added 26 Jun 2018
R 980,000* ZAR
Stock: R 700,000
Assets: R 50,000
Clifford Bell
(PRINCIPAL)
Aldes Exclusive
KwaZulu-Natal
KwaZulu-Natal
Summary

The Bear Building craze hits the world : https://www.youtube.com/watch?v=J7wzV_cNrV4 BUDDY BEAR is a "Bear/Animal Building" business, that is Trademarked in SA, & provides an exciting experience for children, as they choose, the animal, skin, heart, voice, name, outfit, accessories. It will only take a week to re-start this in-active business.

Kiddies Bear Building Main Franchise (to be re-started, GP of R1.3m on the stock alone)
SELLING PRICE
R 980,000* ZAR
Stock: R700,000
Assets: R50,000
Summary

The Bear Building craze hits the world : https://www.youtube.com/watch?v=J7wzV_cNrV4 BUDDY BEAR is a "Bear/Animal Building" business, that is Trademarked in SA, & provides an exciting experience for children, as they choose, the animal, skin, heart, voice, name, outfit, accessories. It will only take a week to re-start this in-active business.

To gain access to more business info
please supply us with your details below

Fully describe the business's activities?
Buddy bear is a "Bear/Animal Building" business, that is Trademarked in SA, that provides an exciting experience for children, as they choose, the animal, skin, heart, voice, name, outfit, & accessories. The display/sale/building process, can range from being based at a shop/cart/online/parties/schools/events etc, with the building process including some equipment if the turnover at that point (eg a shop) supports such, otherwise the process is merely done by hand. This business/franchise opportunity at R980 000, is inclusive of the presently stored - : stock which was sourced both locally & from overseas/China; equipment & displays which were made locally; inter-active shopping website; & SA Trademark. It is noted, that although this business operated for some 10 yrs with up to 10 franchisee's, the owners focus in the Tourism Industry, led to the closure of the business & thus it's sale as a " New Opportunity" to be RE-STARTED ! The past proved to be successful ! Are you the person who is energised to realise the potential of this opportunity either in the full ownership or Franchise model ? With everything at hand, the business can be up & running in 1 week.

How long has the business been established?
It was started by the Seller in 2003, but closed in 2015 & is now on sale to be " re-started" with stock & equipment, which is in storage & only requires a sprucing-up/lick of paint. The website is active & ready for takeover/income generation.

Are there up-to-date Management Accounts available?
As this business ceased to operate in 2015, there are no financials. It is noted that the Sale Price (R980 000) is based however on the inward/invoice price of the stock, depreciated equipment, website & Trademark (over R1m) . All of this is presently in storage in Durban, and with a touch-up/lick of paint would be ready to operate within a week GP of R1.3m on the stock alone.

What is the total staff complement?
As the business is not operating, there are no staff at the moment. Under the past Franchise model, the Franchisor with only an assistant, operated the business, controlling : suppliers, stock, dispatch to Franchisee's, website-marketing. The Franchisee's, mainly operated by themselves with no staff, conducting parties/events etc. The few shops/pop-up-shops-carts were operated with hired-in staff.

Premises / Point of Sale
In the past, the business operated where the Franchisor controlled the online sales, while the Franchisee's (10 over 5 years) operated from stores, carts & home, as well as, attending schools/parties/events/etc . It is up to the Purchaser to decide whether to manage everything or proceed as above and Franchise any/all parts thereof. It is re-iterated that this business does not function at the moment & thus has no premises.

What are the main assets of the business?
All the below is presently in storage in Durban. Stock : animal, skin, stuffing, heart, voice, name, outfit & accessories, etc - Valued at inward invoice pricing of R700 000 (but retail pricing at R2m, thus a R1.3m GP just on the stock) - all in excellent/saleable condition. Equipment : 2 blowing/stuffing machines (big & small), display drawers, bear cut-out displays, stands/tables, etc - valued at some R50 000 (while new would be around R300 000) - all would require a good make-over/re-paint (1 week). Website : interactive shopping/party website & still functions Trademark : of Buddy Bear in South Africa.

Strengths?
Tested model that worked in the past & just needs new energy All equipment, stock, website & Trademark are available (in storage in Durban) to re-start this business opportunity (only 1 week to touch-up the displays/machines) The Seller (based in Durban) will assist any Purchaser from a strategy, product, marketing & supplier, point-of-view.

Weaknesses?
That the business needs to be Re-started; although it's tested model, stock, equipment, website & Trademark are available to commence operation, literally immediately.

Opportunities?
The Purchaser may operate this whole business OR use the Franchise model, as in the past, where the Franchisor controlled the online sales & the Franchisee's (10 over 5 years) operated from stores, carts & home, as well as, attending schools/parties/events/etc Apart from the present markets, the Purchaser could focus on previously tested corporate/sport/ fund-raising opportunities

Threats?
That other persons realise there is a gap in the market & from-scratch, start up this sort of venture, although they would need to attend to so many issues, such as : suppliers; products; equipment; displays; website; strategies; etc

What is the reason for the sale?
The owner has decided not to restart this venture after having closed it as her interest was diverted into the tourism industry.

Why is this a good business?
All equipment, stock & Trademark are available to re-start this business opportunity geared at the kids stuffed-toy market. The purchaser only pays for the inputs, while the Seller (based in Durban) will assist any Purchaser from a strategy, product, marketing & supplier, point-of-view. The Purchaser can decide whether to operate the whole business model Or revert to the Franchise model.

What is the price plus stock and the net profit?
The Sale Price is R980 000, inclusive of equipment, stock, website & SA Trademark. The business is not operating at the moment and the Purchaser will need to re-start the business.

Other listings by Clifford
R 1.03MZAR
Added : 21 Sep 2018 0
Yearly profit : R544,103
KwaZulu-Natal
R 434KZAR
Added : 7 Aug 2018 187
Yearly profit : R349,891
KwaZulu-Natal
R 2.00MZAR
Added : 31 Jul 2018 181
Yearly profit : R1,105,944
KwaZulu-Natal
FRANCHISE DETAILS

Aldes Exclusive

2 members
14 active mandates
KwaZulu-Natal
11A Coghill Avenue, Kloof
4000

Our experienced cross industry brokers are
waiting to assist and guide you…

Similar Businesses for sale

Discover similar, inspiring businesses for sale

R 600KZAR
Added : 31 Aug 2018 110
Yearly profit : R310,217
KwaZulu-Natal
R 780KZAR
Added : 2 Aug 2018 201
Yearly profit : R707,212
Gauteng
R 585KZAR
Added : 27 Jul 2018 203
Yearly profit : R149,378
SA Countrywide
R 560KZAR
Added : 25 Jul 2018 221
Yearly profit : R484,492
KwaZulu-Natal
R 825KZAR
Added : 20 Jul 2018 196
Yearly profit : R218,273
Mpumalanga
R 890KZAR
Added : 19 Jul 2018 213
Yearly profit : R363,874
KwaZulu-Natal
R 770KZAR
Added : 19 Jun 2018 405
Yearly profit : R498,136
KwaZulu-Natal
R 850KZAR
Added : 18 Jun 2018 208
Yearly profit : R266,806
Gauteng

Businesses in Gauteng

Annual Turnover Amount between R 500 thousand and R 6 million

R 1.05MZAR
Added : 17 Sep 2018 29
Yearly profit : R263,895
Gauteng
R 1.40MZAR
Franchise
Added : 14 Sep 2018 79
Yearly profit : R322,224
Gauteng
R 1.90MZAR
Added : 12 Sep 2018 93
Yearly profit : R1,082,396
Gauteng
R 510KZAR
Franchise
Added : 3 Sep 2018 167
Yearly profit : R244,588
Gauteng
R 550KZAR
Added : 2 Sep 2018 300
Yearly profit : R614,067
Gauteng
R 1.30MZAR
Franchise
Added : 31 Aug 2018 213
Yearly profit : R510,646
Gauteng
R 1.67MZAR
Added : 30 Aug 2018 354
Yearly profit : R1,410,081
Gauteng
R 790KZAR
Added : 30 Aug 2018 177
Yearly profit : R286,467
Gauteng