Fully describe the business's activities?
Production and distribution of sugar-free chocolates and confections.
How long has the business been established?
How long has the owner had the business?
What steps are in place to solve 'load shedding' problems?
Generator(not included in sale)
How does the business operate on a daily basis?
Chocolates are manufactured and then distributed to health stores and retail chains on a daily basis. All stock is merchandised in store by one of the owners. The owner visits the customers and replenishes sold out lines on a weekly basis.
How are the clients attracted to the business?
There is a large market for sugar-free chocolates and confections. The business is still in its growth phase and only supplying the greater metropolitan and surrounds.
What Advertising/Marketing is carried out?
Website and word of mouth. The business is reaching its full capacity on current staff compliment.
What competition exists?
No direct competition doing chocolate filings. Nova/Canderel do chocolate slabs.
What are the seasonal trends?
This business trades well throughout the year with boosts in turnover during Easter, Christmas and valentines day.
How did the Covid-19 pandemic impact the business turnover / daily operations?
Covid had a positive impact with sales increasing over this period
What steps / actions have been taken to combat the effect of Covid-19 pandemic?
Standard pandemic protocol employed.
Are there up-to-date Management Accounts available?
Yes to qualified buyers.
How could the profitability of the business be improved?
Investing in a certified kitchen will secure bigger clients like Dischem, Woolworths and PnP.
Is Seller finance available and for what amount?
Give a breakdown of staff/ functions/ length of service?
Owner: production Manager: Sales, deliveries, admin and merchandising Staff member: order and packing.
Do any receive special perks or incentives?
Are they on contract?
Yes full term contract.
How involved is the Owner in running the business?
What are the trading hours?
7am - 3pm Monday - Friday
What is the square meters of the business?
What are the main assets of the business?
Full asset list will be made available.
Are any items not included in the sale?
Kitchen fittings, sink and oven.
What is their overall condition?
How have they been valued ?
Dollar based at current exchange rate less 20%.
Are they presently insured?
Yes, comprehensively insured.
Unique product offering unrivalled in quality and taste - valuable IP.
Lack of investment capital needed to take the business to the next level.
Unlimited opportunities to distribute to the rest of Southern Africa. Introduce additional lines and distribute to national chain stores.
What is the reason for the sale?
Why is this a good business?
This is a niche market and the business has invaluable IP(recipes). With increased staff compliment and a certified kitchen, this business will tap into its full potential.
What is the price plus stock and the profit?
R500 000 excluding stock.
Annual Turnover Amount between R 500 thousand and R 6 million