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?
How long has the owner had the business?
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?
Does the business have any contract work?
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?
What VAT documentation is on file?
Are there up-to-date Management Accounts available?
What Balance Sheet and Income Statements are available?
What percentage of the business is cash/credit?
90% cash 10% credit
What is the age analysis of the debtors book?
How could the profitability of the business be improved?
Advertising and expanding the takeaway offering
Is Seller finance available and for what amount?
What is the total staff complement?
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?
Are they on contract?
Do any have management potential?
How involved is the Owner in running the business?
Oversight, cash management and stock controll
Is there an option of renewal & what period?
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?
Is a copy of the lease available?
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?
What is their overall condition?
Do any require repairing?
How have they been valued ?
Which assets are on lease/HP and with whom?
Good location in residential area. Is supermarket, liquor store and bakery in one. Can support local businesses with daily requirements.
expand on takeaways and advertising
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 700 000 plus stock of R500 000 Avg net. income of R114 600 pm
Annual Turnover Amount between R 500 thousand and R 6 million