Fully describe the business's activities?
German Gluhwein, the popular, authentic winter warmer is the traditional German drink. It is sold in various packaging and sizes. Spice mix is mixed with red wine and warmed up for consumption .
How long has the business been established?
How long has the owner had the business?
How does the business operate on a daily basis?
Orders are produced freshly and shopped daily. Delivery is made by courier to over 200 shops in SA
How are the clients attracted to the business?
Face book and Fairs
What Advertising/Marketing is carried out?
Facebook and Fairs
What competition exists?
none in SA
What are the seasonal trends?
Seasonal trends are during winter and at Christmas time
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?
Excel spreadsheets - No AFS
What percentage of the business is cash/credit?
95% Cash 5% Credit
What is the age analysis of the debtors book?
on the 5% Credit , within 30 days
How could the profitability of the business be improved?
Opportunity is to produce Gluhwein in bottles to improve profitability
Is Seller finance available and for what amount?
What is the total staff complement?
2 staff members owner and wife
Give a breakdown of staff/ functions/ length of service?
each staff member has more than 10 years of service
Do any receive special perks or incentives?
Are they on contract?
Do any have management potential?
Owner Manages the business
How involved is the Owner in running the business?
Owner and wife Manages the business
When does the current lease end?
Operate the business from home. There is no lease
Is there an option of renewal & what period?
What is the annual escalation %?
What are the trading hours?
Open 8 am Close 5 pm
What is the square meters of the business?
operate from home
Who is the Owner/Landlord?
Operate from Home
Is a copy of the lease available?
Do you require a licence?
What lease deposit and/or other surety is required?
What are the main assets of the business?
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?
What are their settlement amounts?
Will Seller settle or Buyer to take over?
Are copies of agreements available?
Are they presently insured?
Unique product in various flavours . Recipes are easy to follow
Lack of Capital to increase business
Opportunities to expand in rest of SA . Business primarily focused in WC
What is the reason for the sale?
owner wants to retire
Why is this a good business?
profitable business Room for growth and excellent opportunities
What is the price plus stock and the profit?
Discover similar, inspiring businesses for sale
Annual Turnover Amount between R 500 thousand and R 6 million