Ref. No - BFS936008
South Africa, Free StateRef. No - BFS936008
Sector - Services
Asking Price
R700,000
Monthly Profit
R 7,590
Asset Value
R 372,343
Stock Value
R 0
Yearly Net Profit
R 91,082
Summary
Give me more informationFully describe the business's activities?
• Floral arrangements / bunches
• Smaller Wedding and function flowers
• Corporate weekly flowers for offices or reception areas
• Hampers
• Wrapping
• Selling of gifting or miscellaneous items in the shop
• Delivery service offered
• Smaller Wedding and function flowers
• Corporate weekly flowers for offices or reception areas
• Hampers
• Wrapping
• Selling of gifting or miscellaneous items in the shop
• Delivery service offered
How does the business operate on a daily basis?
Daily placing of orders with the flower suppliers. Making of “orders” and deliver and do quotations
What Advertising/Marketing is carried out?
Only on FaceBook / plus vehicle small branding
Word of mouth
Word of mouth
What competition exists?
Retailers eg. Chain stores and other flower suppliers
How could the profitability of the business be improved?
Profitability can be improved with a stronger “cash flow”
Give a breakdown of staff/ functions/ length of service?
Florist does all the practical and creative work and Owner does all Operational work
Do any have management potential?
Yes
What are the trading hours?
6 Working days
Mondays - Saturdays 08H00 - 17H00
Mondays - Saturdays 08H00 - 17H00
What are the main assets of the business?
Solid base
Strengths?
• Strong and solid base so no need to start business off the ground – new Owner can just carry on
• Belongs to reputable and professional Florist networks
• Central location with ample parking – easily accessible
• Experienced Florist
• Offer delivery service
• Belongs to reputable and professional Florist networks
• Central location with ample parking – easily accessible
• Experienced Florist
• Offer delivery service
Weaknesses?
Cash flow after COVID
Opportunities?
New ideas to be shared with successful Buyer
Threats?
Retailers BUT we have an advantage that we do deliveries and have existing account holders
What is the reason for the sale?
Owner and Family are relocating
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