South Africa, GautengSector - Food
Summary
Give me more informationFully describe the business's activities?
The business is situated in an established low rental convenient shopping centre. The surrounding residential area ensures constant foot traffic. The staff are all well trained and manages the store on behalf of the owner. The business sales are mostly deliveries and take away orders for the surrounding areas.
How does the business operate on a daily basis?
The staff opens and closes the business daily, the owner spends 50% of the day at the shop to manage stock and the finances.
What Advertising/Marketing is carried out?
Website
Mailchimp to existing Database +/- 1000 clients
How could the profitability of the business be improved?
Own delivery scooters to be used
Do any have management potential?
Yes
How involved is the Owner in running the business?
50% of the operating hours
When does the current lease end?
Its on a month to month basis
What are the trading hours?
Monday - Thursday - 9:30 - 19:30
Friday - Saturday - 9:30 - 20:00
Sundays & Public Holidays - 10:30 - 19:00
What are the main assets of the business?
Fridges
Kitchen equipment
tables and chairs
shop fittings
Strengths?
Strong cash business
Low food cost
Well established
Weaknesses?
Food limited to a specific category
Low barrier to entry
Opportunities?
Increase menu options
Add scooters for own deliveries
Threats?
Economy
What is the reason for the sale?
The seller is pursuing other business interests
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