Filters
LocationSouth Africa, Gauteng

Sector - Retail

Asking Price
R315,000
Monthly Profit
R 18,984
Asset Value
R 140,000
Stock Value
R 185,000
Yearly Net Profit
R 227,803

Summary

Pretoria East Pet Shop

Give me more information

Fully describe the business's activities?

Pets and pets accessories trading also commonly referred to as a Pet Shop

The business took a bit of a drop in turnover due to some work done on the centre recently, however, this is all completed and the business has bounced back to its normal numbers, also there is no further work planned in the centre for the foreseeable future. The supporting financial numbers clearly identify this.

Also, the business has proved itself to be largely immune to any drop in revenue due to Covid-19

How does the business operate on a daily basis?

The business is run by the owners wife and one staff member, the owners wife will be leaving however the staff member is fully competent in running the business

What Advertising/Marketing is carried out?

Basically two posts per wee on Facebook as well as Whatsapp

What competition exists?

There is a similar store in a centre approximately three kilometres away

How could the profitability of the business be improved?

More advertising as well as pushing the Home Deliveries side

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

More than a full year

Do any have management potential?

The remaining staff member definitely has management potential and should the business not sell the owner will put this staff member in charge of running the business.

How involved is the Owner in running the business?

Current the owner's wife runs the business but will be leaving with the sale

When does the current lease end?

Mid 2021

What are the trading hours?

09:00-17:30 Monday to Friday
09:00-13:30 Saturdays

What are the main assets of the business?

Shop fittings

Strengths?

Business is very well established and known
The staff are very knowledgeable and well trained and enthusiastic
Great location and area in a very popular shopping centre
Centre revamps are all completed and none planned for the current future

Weaknesses?

Shop size could be bigger to accommodate more stock

Threats?

None identified

What is the reason for the sale?

Seller has been doing this for 30 years and is busy changing and transitioning into other businesses

Location

Contact | Enquire

Frank

Frank Schrempel

LocationSouth Africa, Gauteng

Preferred method of contact

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