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Annual turnover

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  • Mandate: 34860
  • Added: 12 Aug 2021
  • 376

Halaal butchery in Randburg

Gauteng, Johannesburg
376
Mandate 34860
Added 12 Aug 2021
R 990,000* ZAR
Stock: R 30,000
Assets: R 480,000
R 54,074 ZAR
Louis Aucamp
Aldes Pro
Gauteng
Summary

Strictly halaal butchery in Ranburg South with loyal customer base. This butchery opened its door in 1997 and is still going strong.

Halaal butchery in Randburg
SELLING PRICE
R 990,000* ZAR
Stock: R30,000
Assets: R480,000
R 54,074 ZAR
Summary

Strictly halaal butchery in Ranburg South with loyal customer base. This butchery opened its door in 1997 and is still going strong.

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Fully describe the business's activities?
Strictly Halaal butchery

How long has the business been established?
The owner started the business 24 years ago

How are the clients attracted to the business?
They have unique recipes Good relationship with customers

What Advertising/Marketing is carried out?
Monthly specials send out on whatsup

Does the business have any contract work?
Yes one customer supplied on a regular basis.

What competition exists?
There are 4 other butchers in the area.

What are the seasonal trends?
Summer is busiest time

Is the business VAT Registered?
No

Are there up-to-date Management Accounts available?
yes for serious customers

What Balance Sheet and Income Statements are available?
2021

What percentage of the business is cash/credit?
They do not sell on credit.

How could the profitability of the business be improved?
Increase customer base with fresh ideas and products Increase contractual clients

Is Seller finance available and for what amount?
No

What is the total staff complement?
7 Staff

Give a breakdown of staff/ functions/ length of service?
Wife - manager 1 Senior Blockman 1 Blockman 2 production workers 1 cleaner Owners helps out on weekends and when wife can not be there

Do any receive special perks or incentives?
December they gets holiday pay.

Are they on contract?
Yes

Do any have management potential?
The one block man manages the back office. U only need a cashier or a front shop manager.

How involved is the Owner in running the business?
Owner wife is involved in the business on a daily basis

When does the current lease end?
July 2022

Is there an option of renewal & what period?
Yes

What is the annual escalation %?
5%

What are the trading hours?
9am to 6pm

What is the square meters of the business?
200 sqm

What lease deposit and/or other surety is required?
2 months

What are the main assets of the business?
Fridges and equipment

What is their overall condition?
Good

Do any require repairing?
normal maintenance

Strengths?
Good name and reputation for quality and pricing

Weaknesses?
DO not do enough marketing and branding

Opportunities?
Deliveries

Threats?
RSA economy

What is the reason for the sale?
Owner and his wife has other businesses which is starting to take more of their time making it difficult to give the necessary attention to butchery

Why is this a good business?
It is a well known butchery and one of the busiest in the area. There is a loyal customer base which ensures good return income

What is the price plus stock and the profit?
Asking R1 280 000 plus stock of R30 000 Monthly Nett cash R54 000pm

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AGENCY DETAILS

Aldes Pro

3 members
26 mandates
Gauteng
Malcolm Road
0000

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