Filters
LocationSouth Africa, Western Cape

Sector - Retail

Asking Price
R6,920,000
Monthly Profit
R 174,710
Asset Value
R 410,000
Stock Value
R 2,400,000
Yearly Net Profit
R 2,096,518

Summary

Long established retail supplier of packaging and allied material servicing the restaurant, hospitality and other industries.

Give me more information

Fully describe the business's activities?

The business is a retail supplier of packaging and allied material to the restaurant, hospitality, aquaculture, domestic and informal trader industries.
The product range, comprising some 6 500 line items, includes packaging, baking products and ingredients, herbs, spices and sauces, chemicals, removal packaging and much more.

How does the business operate on a daily basis?

The business operates from a large shop and warehouse in a light industrial area. Customers include daily 'walk-in's', and regular customers who place orders telephonically or by email. Deliveries are made to neighbouring towns on specific days.

What Advertising/Marketing is carried out?

Currently there is no formal advertising strategy - occasional posts are made on social media.

What competition exists?

No local competition exists.

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

Admin staff (ordering stock, inputting stock, accounting, labels)- 3 people: 1 - 7 years
Driver - 1 person: Since inception of business
Warehouse staff (Packers and shelf packers): 4 people: 2 - 3 years
Shop floor (assisting clients, picking orders and stocking shelves) - 2 people : 1-2 years
Counter Sales - 2 people: 1 - 5 years
Food packer -1 person : 1 year
Cape Town Stock collections - 1 person: Since inception

Do any have management potential?

One definitely and one other shows potential.

How involved is the Owner in running the business?

The owner couple are hands on.

When does the current lease end?

2 years.

What are the trading hours?

Monday - Thursday 08:00 - 17:00
Friday 08:00 - 16:30
Saturday & Public Holidays 08:00 - 12:30.

What are the main assets of the business?

Stock, 3 x vehicles, shelving and racking. Full details of minor assets will be available.

Strengths?

Reputation for range of stock and availability, reliability, integrity, fair pricing, helpful and friendly approach, achieving customer satisfaction.

Weaknesses?

Website being under construction - due to the vast product range a comprehensive website would be greatly advantageous.
Deliveries to outlying areas can be increased.

Opportunities?

Opportunities as mentioned above in Weaknesses. The market is huge and relatively untapped: a strong online marketing presence would improve turnover.

Threats?

The greatest threat is availability of imported products and pricing of those products due to currency fluctuations.

What is the reason for the sale?

Owners would like to retire and due to lack of succession are looking to sell the business.

Location

Contact | Enquire

Rodney

Rodney Willoughby

LocationSouth Africa, Western Cape

Preferred method of contact

Logo
Access to the number one business broking tool to get your business sold.
We've got you covered!

We offer an innovative and intuitive

solution for selling your business, franchise and premises

Promote

Promote

your business for sale

Advertise

Reach

the right audience

Gain

Gain

more exposure

Sign up for our Sellers' Portal Affordable monthly packages
Man

Knowledge Bank

Get the latest information, valuable tips and share in the professional knowledge of business experts on selling or buying a business

Buyers

E-commerce Business for Sale: The Benefits

Whether you’re looking into buying an e-commerce business for sale because you’re passionate abo

Buying a Manufacturing Business for Sale

There are several good reasons why a manufacturer or an entrepreneur might be considering buying ano

What to Consider Before Buying a Franchise

Buying a franchise can either be the best financial investment you ever make or the worst. Therefore

Sellers

What is a Business Broker?

If you have been considering selling your business, the words business broker have surely popped up

Checklist for Selling a Business

When you’ve decided it’s time to sell your business there are a few specific steps that need to

How Fast Can I Sell My Business?

With Business for Sale, buying or selling a business has never been easier. We have the ideal tool f