Fully describe the business's activities?
This Business Imports a high performance kitchen appliance, suitable for commercial and household customers. The business also deals with all after-sales requirements.
How long has the business been established?
How long has the owner had the business?
How does the business operate on a daily basis?
Sales are coming in via email, e-commerce platform, phone or live-chat on website Orders are fulfilled and collected by courier from the warehouse/office, twice a day If there are any repairs â they are done in the workshop part in the warehouse and shipped back to the customer
How are the clients attracted to the business?
Google Ads, Facebook, Instagram Existing online platform and also other reselling platforms There are supplier contracts in place will well known clients like Wimpy, Mugg & Bean, Vida Cafe Word of mouth
Does the business have any contract work?
Large catering suppliers who donât specialize in this specific product, could be seen as competition.
Is the business VAT Registered?
What VAT documentation is on file?
Available during DD
Are there up-to-date Management Accounts available?
How could the profitability of the business be improved?
Increase of product range with new products. Already has a few being used / tested.
What is the total staff complement?
Staff are only used when / if needed. The owner and his wife, do all that is required.
How involved is the Owner in running the business?
When does the current lease end?
Is there an option of renewal & what period?
What is the square meters of the business?
What are the main assets of the business?
Computers, desks etc
Excellent product Has shown the products durability Turnover has grown exceptionally
New / other products. Expanding Website range
What is the reason for the sale?
The owners want to settle down in a smaller town. Want to downscale.
Why is this a good business?
The owners have built a good reputation and brand name in South Africa. Reliable and cooperative manufacturer. Business is automated and can carry a lot of costs with minimal staff.
Annual Turnover Amount between R 500 thousand and R 6 million