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Annual turnover

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  • Mandate: 32522
  • Added: 22 Oct 2018
  • AFS
  • 0

Unique Homeopathic Health Store

Western Cape, Cape Town
0
Mandate 32522
Added 22 Oct 2018
R 2,300,000* ZAR
Stock: R 250,000
Assets: R 143,961
R 82,152 ZAR
Chris Ferguson
(PRINCIPAL)
Aldes Infinity
Western Cape, Cape town
Western Cape, Cape town
Summary

Homeopathic Health and Wellness Store focusing on Herbal Supplements and Aromatherapy oils. A variety of Health foods and snacks are also stocked. Situated in a well-established area with good exposure and foot traffic.

Unique Homeopathic Health Store
SELLING PRICE AFS
R 2,300,000* ZAR
Stock: R250,000
Assets: R143,961
R 82,152 ZAR
Summary

Homeopathic Health and Wellness Store focusing on Herbal Supplements and Aromatherapy oils. A variety of Health foods and snacks are also stocked. Situated in a well-established area with good exposure and foot traffic.

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please supply us with your details below

Fully describe the business's activities?
Health and Wellness Store focusing on Homeopathic, Naturopathic, Ayurvedic and Chinese Medicine - Everything from Herbal Supplements to Aromatherapy oils as well as Health foods and snacks.

How long has the business been established?
8 Years - Since March 2010

How long has the owner had the business?
8 Years

How does the business operate on a daily basis?
Owner Run and 2 supporting Staff members with excellent knowledge of the products

How are the clients attracted to the business?
It is situated in a small shopping complex Well-Established and known in the community - Loyal clients Products are available online - creates awareness

What Advertising/Marketing is carried out?
Social Media Suppliers and Bloggers "Advertise" - Available online

Does the business have any contract work?
No

What competition exists?
There are numerous Health Shops in the surrounding areas

What are the seasonal trends?
No specific Trends

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?
Signed off Financial (AFS) available

What percentage of the business is cash/credit?
No Credit

What is the age analysis of the debtors book?
N/A

How could the profitability of the business be improved?
Advertising The current Owner has a few ideas on how to grow the business - Owner is open to having this conversation upon sale of business

Is Seller finance available and for what amount?
No

What is the total staff complement?
2 Staff members

Give a breakdown of staff/ functions/ length of service?
Their functions include the full running of the store. Ordering of stock, dispensing health advice to customers, merchandising, cashing up, keeping the store clean and tidy, opening and locking up in the evenings

Do any receive special perks or incentives?
No

Are they on contract?
Yes, they are permanent staff

Do any have management potential?
Yes

How involved is the Owner in running the business?
The owner is involved on a day-to-day basis. There is however manager potential within the business

When does the current lease end?
September - Lease is renewed for 2 years

Is there an option of renewal & what period?
Yes - 2 years

What is the annual escalation %?
8%

What are the trading hours?
Monday - Friday: 8am to 5pm Saturday: 9am to 3pm Sunday: Closed Public Holidays: 9am to 2pm

What is the square meters of the business?
40m (squared)

Is a copy of the lease available?
Yes

Do you require a licence?
No

What lease deposit and/or other surety is required?
No

What are the main assets of the business?
Stock

Are any items not included in the sale?
The Himalayan Rock Salt Lamp

What is their overall condition?
Very Good

Do any require repairing?
No

How have they been valued ?
Yes

Which assets are on lease/HP and with whom?
No

What are their settlement amounts?
N/A

Will Seller settle or Buyer to take over?
N/A

Are copies of agreements available?
N/A

Strengths?
Health is very trendy Very loyal clientele Knowledgeable and loyal Staff

Weaknesses?
Parking in the center

Opportunities?
Owner has ideas on how to grow business - Will discuss this with a serious buyer

Threats?
Online Competition

What is the reason for the sale?
The Owner's second business is growing and becoming more and more demanding

Why is this a good business?
The business is profitable, the staff is very loyal and knowledgeable. Health Stores are very niche and a growing industry

What is the price plus stock and the net profit?
R2,050,000.00 + R250,000.00 NET PROFIT: R985,830.00

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FRANCHISE DETAILS

Aldes Infinity

1 members
4 active mandates
Western Cape , Cape town
615 6th Floor, 24 Hans Strijdom ave, Cape Town
Cape town

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