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Annual turnover

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  • Mandate: 33045
  • Added: 12 May 2019
  • AFS
  • 222

Established Branded Bakery in Gauteng

Gauteng, Johannesburg
222
Mandate 33045
Added 12 May 2019
R 1,100,000* ZAR
Stock: R 116,000
Assets: R 0
R 30,568 ZAR
Chris Ferguson
(PRINCIPAL)
Aldes Infinity
Gauteng, Fourways
Gauteng, Fourways
Summary

Established Branded Bakery  in Gauteng
SELLING PRICE AFS
R 1,100,000* ZAR
Stock: R116,000
Assets: R0
R 30,568 ZAR
Summary

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Fully describe the business's activities?
Retail Bakery and Coffee shop

How long has the business been established?
2009

How long has the owner had the business?
2009

How does the business operate on a daily basis?
TRADING HOURS Monday - Friday: 08h00-16h00 Saturday: 08h00-15h00 Sundays: Closed

How are the clients attracted to the business?
The business have build its brand through word of mouth, the owner has developed a great website and branded the store. Social media and pamphlet distribution is also part of the monthly marketing.

What Advertising/Marketing is carried out?
Website

Does the business have any contract work?
n/a

What competition exists?
n/a

What are the seasonal trends?
Christmas cakes session is very busy compared to the rest of the year

Is the business VAT Registered?
no

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

What Balance Sheet and Income Statements are available?
yes

What percentage of the business is cash/credit?
100% cash

How could the profitability of the business be improved?
Google add campaigns

Is Seller finance available and for what amount?
n/a

What is the total staff complement?
5 Permanent staff 2 Casual

Do any have management potential?
no

How involved is the Owner in running the business?
Full time

When does the current lease end?
its on a month to month basis

Is there an option of renewal & what period?
Yes

Is a copy of the lease available?
Yes

Do you require a licence?
no

What are the main assets of the business?
Kitchen and Baking equipment

Are any items not included in the sale?
The Generator

What is their overall condition?
good

Do any require repairing?
no

How have they been valued ?
yes

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

Are they presently insured?
yes

Strengths?
Strong developed Brand

Weaknesses?
Competition

Opportunities?
Building on a solid Brand

Threats?
Competition

What is the reason for the sale?
Emigration

Why is this a good business?
Well established business with a great existing customer base

What is the price plus stock and the net profit?
R1,100,000 including stock net Profit R366,811

Other listings by Chris
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FRANCHISE DETAILS

Aldes Infinity

1 members
6 active mandates
Gauteng , Fourways
205 Revonia Road Morningside Sandton
Fourways

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