Summary
Fruit and Vegetable wholesaler with a retail outlet. Processing vegetables and supplying products to a strong wholesale customer base, throughout the greater Garden Route area
Give me more informationFully describe the business's activities?
How long has the business been established?
How long has the owner had the business?
How does the business operate on a daily basis?
1. Retail Outlet - Open to the public (Mondays to Saturdays)
2. Fresh produce are received on a daily basis
3. Certain Vegetables are processed and packed according to orders received for the distribution to the wholesale market
4. Daily deliveries locally and outlaying area's utilising and rotating 5 delivery vehicles.
How are the clients attracted to the business?
Good Retail location ideally situated for its customer base and product offerings.
Social Media - Facebook, advertising and historic existence of the business.
Participate in tenders for local and outlying Hospitals, Correctional Services and Government Colleges.
Supplying Catering Companies as a preferred supplier to Units managed by them in the Garden Route Area and locally.
Private clients through word of mouth.
What Advertising/Marketing is carried out?
Does the business have any contract work?
Hospital Tenders are re-awarded due to pricing, service delivery and historic reputation established over 12 years.
What competition exists?
What are the seasonal trends?
Is the business VAT Registered?
What VAT documentation is on file?
Are there up-to-date Management Accounts available?
What Balance Sheet and Income Statements are available?
What percentage of the business is cash/credit?
The wholesale business is mainly on 30 day accounts.
What is the age analysis of the debtors book?
How could the profitability of the business be improved?
1. Clients in new markets not currently serviced - i.e. Hospitality Industry
2. Expand the existing product offering
What is the total staff complement?
Give a breakdown of staff/ functions/ length of service?
1 x permanent part time admin/general assistant - Wednesdays to Fridays.
2 x cashiers on Contracts (Each work separate days in the shop)
2 x permanent Drivers and order packers on return.
2 x permanent Male general workers (1 being a back up driver and delivers locally in town the other is a back up cashier)
2 x permanent general female workers (1 is able to manage a till)
1 x permanent part time general worker (Wednesdays to Fridays)
3 x contract flexi hour workers. (2 can operate a till)
Do any have management potential?
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 annual escalation %?
What are the trading hours?
Tuesdays 7h30 to 12h00
Wednesday to Friday 07h30 to 16h00
Saturdays 8h00 to 13h00
What is the square meters of the business?
Is a copy of the lease available?
Do you require a licence?
Regulation R918 dated 30/07/99 [Regulation 3(6)(a)]
made in terms of the Health Act 1977 (Act 63 of 1977)
This certificate is not transferable from premises to premises
What lease deposit and/or other surety is required?
What are the main assets of the business?
Office Furniture and Equipment
Food Processing equipment including stainless steel tables, washing bowls, wrapping machines, electronic scales, trolleys
Retail Shop equipment
Freezers and Cold Rooms
Generator and energy backup systems
Various other machines and equipment
Are any items not included in the sale?
Debtors Book to be negotiated.
What is their overall condition?
Do any require repairing?
How have they been valued ?
Which assets are on lease/HP and with whom?
Are they presently insured?
Strengths?
Successful and well located retail outlet
Fast, dependable and well organised distribution operation which is used for delivery to customers, and at the same time utilised for collecting and receiving its own produce. Ensuring that the fleet is utilised effectively.
Weaknesses?
Opportunities?
Expansion of the product slate
Threats?
What is the reason for the sale?
Why is this a good business?
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