Sector - Retail
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?
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.
Reputation for range of stock and availability, reliability, integrity, fair pricing, helpful and friendly approach, achieving customer satisfaction.
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 as mentioned above in Weaknesses. The market is huge and relatively untapped: a strong online marketing presence would improve turnover.
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.
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