Ref. No - BFS936465
South Africa, GautengRef. No - BFS936465
Sector - Retail
Asking Price
R750,000
Monthly Profit
R 44,483
Asset Value
R 0
Stock Value
R 500,000
Yearly Net Profit
R 444,825
Summary
Men's Outfitter and Tailor
Give me more informationFully describe the business's activities?
Opening Store at 8:00
Sort drycleaning for pickup
Sort out the priority of alterations to keep tailor-productive
Focus on retail display
Attend to customers
Document all stock and activity movements
General upkeep
Sort drycleaning for pickup
Sort out the priority of alterations to keep tailor-productive
Focus on retail display
Attend to customers
Document all stock and activity movements
General upkeep
How does the business operate on a daily basis?
Opening Store at 8:00
Sort drycleaning for pickup
Sort out the priority of alterations to keep tailor-productive
Focus on retail display
Attend to customers
Document all stock and activity movements
General upkeep
Sort drycleaning for pickup
Sort out the priority of alterations to keep tailor-productive
Focus on retail display
Attend to customers
Document all stock and activity movements
General upkeep
What Advertising/Marketing is carried out?
Google Reviews
Word of Mouth
Occasional Flyers
Word of Mouth
Occasional Flyers
Give a breakdown of staff/ functions/ length of service?
1 x Tailor/Seamster gen Assistant
1x Owner
1x Owner
How involved is the Owner in running the business?
Total Handson
When does the current lease end?
30 Sept 2024
What are the trading hours?
8 am to 5 pm Monday to Friday
9 am to 1:30 pm Saturdays
9 am to 1:30 pm Saturdays
What are the main assets of the business?
Furniture And Fittings
Sewing Maschines
Steam Irons
Cash Register
Overlocking Maschine
Blind stich
Sewing Maschines
Steam Irons
Cash Register
Overlocking Maschine
Blind stich
Strengths?
Outfitters of Quality Stock
Tailoring with Master Craftmanship.
Dry cleaning that delivers quality results
Clean and Save the Environment
Recommendations from High-Profile Customers
Tailoring with Master Craftmanship.
Dry cleaning that delivers quality results
Clean and Save the Environment
Recommendations from High-Profile Customers
Weaknesses?
Normal South African Economic and infrastructure pressures
Haven't done any marketing nor attempted online sales
Haven't done any marketing nor attempted online sales
Opportunities?
Marketing and Advertising can deliver good growth results in all aspects of the business, especially dry cleaning and laundry.
Improve on Adminstrative system and implement. Point of Sales integration
Improve on Adminstrative system and implement. Point of Sales integration
What is the reason for the sale?
Retirement and medical challenges.
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