Filters
LocationSouth Africa, Gauteng

Sector - Food

Asking Price
R154,068
Monthly Profit
R 8,500
Asset Value
R 107,000
Stock Value
R 40,198
Yearly Net Profit
R 102,000

Summary

Affordable opportunity. Neat and complete layout of shop will be supplied. Quality Biltong supplied by Licensor. Snacks , nuts and cold-drinks can by sourced at your own convenience. .Striking branding. No specialist skills required.

Give me more information

Fully describe the business's activities?

This new license for a biltong shop in your area will include with the initial investment a turnkey project that includes the design, project management shop fitting, signage, branding, all processing equipment and initial meat product and fast moving stock

How does the business operate on a daily basis?

The Owner or the manager will lock up and close the shop .
Selling to clients products of high quality and competitive prices.
The stock needs to be checked daily and orders to be processed.

What Advertising/Marketing is carried out?

Advertising is done by the window signage and light box at the shop.
A marketing budget of R6900 is included in the initial license fee.
The lisensor's marketing initiatives include online web-based marketing(social media),location bank managing on google, flyers, Mr D.The owner needs to do promotions and marketing on a regular basis.

What competition exists?

There is a number of independent standalone biltong stores as well as national retail chains. What makes us different is that we have standardized the production/ recipes so that irrespective which store you visit , you will enjoy the same high quality tasty products.

How could the profitability of the business be improved?

Local marketing is needed and is important from the 1 day.

Give a breakdown of staff/ functions/ length of service?

The following functions needs to be done by the staff:
The serving of clients, the cutting of biltong as ordered,
selling and promoting of other products in shop,
ensure the hygiene standards are maintained, and
Check and maintain stock levels to re-order.

How involved is the Owner in running the business?

If the Owner is not involved full time , the owner needs to support the staff with managing the stock control, and ensuring that the staff do what is expected from the Owner and the Brand.

When does the current lease end?

A new lease will be signed after the Licensor finds a suitable location and negotiates the lease with the landlord on the licensee ' s behalf. A location with high visibility and accessibility with high foot traffic will by of most importance and the Licensor will assist the Buyer in this regard

What are the trading hours?

Normal expected trading hours will be
Monday to Friday 08h00 till 18h00
Saturday 09h00- 13h00
Some Shopping Centers required the shops must be open on Sundays.

What are the main assets of the business?

The business assets that are part of the setup cost will be the fridges, shop fitting, slicers till and counter.

Strengths?

There is a huge demand , the setup cost is affordable, the management of the business is easy and have the support of the Licensor. A flat administration fee of 5% is charge at the time of ordering of meat products (biltong).
Much flexibility on operational and independence applicable comparing to that of a franchised business. Training on site will be done by the Licensor that will includes supporting retail floor work, training of staff and creating schedules for the staff.

Weaknesses?

If the location is not ideal, it can take a little longer to ramp the business up to the next level.

Opportunities?

To negotiate contracts with Schools and Corporate and sell hampers.
Selling related and fast movers product in the shop.

Threats?

The main anchor stores in shopping mall's like Food Savers, Pick & Pay selling at low prices.

What is the reason for the sale?

The selling of the Licenses is expanding the Brand being a winning concept.
This business can generate a steady income stream with a good annual return on investment

Location

Contact | Enquire

Jannie

Jannie van Vuuren

LocationSouth Africa, Gauteng

Preferred method of contact

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