Ref. No - BFS936579
South Africa, KwaZulu-NatalRef. No - BFS936579
Sector - Retail
Summary
A great little business with lots of potential in a well located, busy area in the CBD. The business has been established for the last 25 years and carries a good reputation in the town for its trusted service and quality of products.
Give me more informationFully describe the business's activities?
How does the business operate on a daily basis?
The owner controls all the stock as well as the finances and purchasing of items. He also gets involved with dealing with clients and making them feel welcome.
This Pawnbroker offers short-term secured loans where customers pledge valuable items as collateral, recieving the cash based on the item's worth, and can reclaim the item by repaying the loan with interest. If the loan isn't repaid, the pawnshop retains the collateral for resale.
What Advertising/Marketing is carried out?
What competition exists?
Do any have management potential?
When does the current lease end?
What are the main assets of the business?
LDV bakkie, 2006 Toyota and trailer for deliveries.
Strengths?
Weaknesses?
Opportunities?
Threats?
What is the reason for the sale?
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