Ref. No - BFS936142

LocationSouth Africa, Gauteng

Ref. No - BFS936142

Sector - Food

Asking Price
R500,000
Monthly Profit
R18,364
Asset Value
R 265,000
Stock Value
R 0
Yearly Net Profit
R 220,372

Summary

Preferred supplier to multiple venues in and around the south of Johannesburg. This is a business that has been operating for over 8 years. A good opportunity for any entrepreneur that wants to take this established company to the next level, with many venues using this company as a preferred supplier.

Give me more information

Fully describe the business's activities?

This is a catering company operating from Jhb South.

How does the business operate on a daily basis?

Clients book them to cater for functions and events. This happens at the individual venues.

How could the profitability of the business be improved?

More targeted advertising
More business development can be done at venues around the area
Target companies that might require catering

Do any have management potential?

No, they can't run the business

How involved is the Owner in running the business?

The business is owner run and managed

When does the current lease end?

The lease is month-to-month.

The landlord will sign a new lease with a buyer

What are the trading hours?

7 days a week as and when there are functions or catering to be done

What are the main assets of the business?

Typical catering equipment
A vehicle to travel to and from venues

Strengths?

Can be operated from home and reduce overheads.
Preferred supplier to certain venues
Many different specialised menu's

Weaknesses?

Can be pressurised environment.

Opportunities?

Be preferred supplier for more venues
Contractual suppliers to corporates for functions
Frozen ready meals can be added to menu

Threats?

Any new pandemics that effect functions and similar events.

What is the reason for the sale?

Seller emigrating
Location

Contact | Enquire

Wade

Wade Wittstock

LocationSouth Africa, Gauteng

Preferred method of contact

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