Sectors / Category

Annual turnover

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  • Mandate: 34426
  • Added: 03 Feb 2021
  • AFS
  • 624

New and growing sugarfree/diabetic chocolate manufacturer with good retail presence.

Gauteng, Other
624
Mandate 34426
Added 03 Feb 2021
R 510,000* ZAR
Stock: R 10,000
Assets: R 200,000
R 27,309 ZAR
Peter Kind
(PRINCIPAL)
Aldes Platinum
Gauteng, Midrand
Gauteng, Midrand
Summary

A dream by two sisters to make the simple pleasures of chocolate available to all. The company specializes in hand made sugar free Belgium chocolates and confections. You'll find there chocolates in large supermarket chains and health stores around Gauteng. This is a young business showing good growth and poised to become a household name among diabetics, dieticians and health conscious people. Looking to increase capacity and distribute throughout South Africa. This business boasts valuable unmatched IP in its recipes.

SELLING PRICE AFS
R 510,000* ZAR
Stock: R10,000
Assets: R200,000
R 27,309 ZAR
Summary

A dream by two sisters to make the simple pleasures of chocolate available to all. The company specializes in hand made sugar free Belgium chocolates and confections. You'll find there chocolates in large supermarket chains and health stores around Gauteng. This is a young business showing good growth and poised to become a household name among diabetics, dieticians and health conscious people. Looking to increase capacity and distribute throughout South Africa. This business boasts valuable unmatched IP in its recipes.

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Fully describe the business's activities?
Production and distribution of sugar-free chocolates and confections.

How long has the business been established?
3 years

How long has the owner had the business?
3 years

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?
No.

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?
13 cheque

Are they on contract?
Yes full term contract.

How involved is the Owner in running the business?
100% involved.

What are the trading hours?
7am - 3pm Monday - Friday

What is the square meters of the business?
60 sqm

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?
Excellent.

How have they been valued ?
Dollar based at current exchange rate less 20%.

Are they presently insured?
Yes, comprehensively insured.

Strengths?
Unique product offering unrivalled in quality and taste - valuable IP.

Weaknesses?
Lack of investment capital needed to take the business to the next level.

Opportunities?
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?
Owners emigrating.

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.

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FRANCHISE DETAILS

Aldes Platinum

1 members
18 active mandates
Gauteng , Midrand
8 Baltoro Crescent Midstream Hill
Midrand
0157

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