Fully describe the business's activities?
This newly established butchery and seafood business has just been established in the Northern Suburbs in Johannesburg. The business offers a range of fresh meat and seafood. This business can be highly profitable to a new owner with a huge customer base in the surrounding area, they supply both retail and bulk The only reason the owners are selling is that they have been offered an opportunity in another industry that they were previously involved with
How long has the business been established?
How long has the owner had the business?
How does the business operate on a daily basis?
Large customer base in the area
How are the clients attracted to the business?
The business is situated in a busy upmarket shopping centre
What Advertising/Marketing is carried out?
The business has a website, does social media and is about to start trailer advertising
Does the business have any contract work?
The business is already supplying some local restaurants and repeat customers, supplying both retail and in bulk
What competition exists?
There are supermarket butcheries nearby
What is the total staff complement?
Currently there are 4 staff, the daughter of the owner operates as manager and there is a cashier and 2 blockmen
Are they on contract?
When does the current lease end?
5 Year lease signed
Is there an option of renewal & what period?
Yes, 5 Years
What is the annual escalation %?
8% (to be confirmed)
What are the trading hours?
Monday to Friday 09h30 to 17h30 Saturday 09h30 to 15h00 Sunday 09h30 to 12h00
What is the square meters of the business?
Approximately 300 square metres
Do you require a licence?
Just health approval
What lease deposit and/or other surety is required?
Current owners paid R55 000 deposit
What are the main assets of the business?
All assets are new, the current owners have spent R1.7 miilion to set up the business with more equipment to come
Are any items not included in the sale?
Just a few personal items in the office
What is their overall condition?
Excellent brand new
Do any require repairing?
Which assets are on lease/HP and with whom?
All paid for
What are their settlement amounts?
Will Seller settle or Buyer to take over?
Are they presently insured?
This a brand new butchery and seafood business has huge potential, all the set up has been done and is ready to reap the rewards
Opportunity for a new owner to take this business and grow it exponentially Also opportunity to certify as a Halaal Butchery as the is a large customer base in the area with no nearby Halaal butcheries
None known, just needs marketing effort
What is the reason for the sale?
The only reason the owners are selling is that they have been offered an opportunity in another industry that they were previously involved with
Why is this a good business?
Well situated providing a needed service to the local community
What is the price plus stock and the net profit?
Selling at R2.7 million plus stock of approximately R100 000
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Annual Turnover Amount between R 500 thousand and R 6 million