Ref. No - BFS934881
South Africa, Northern CapeRef. No - BFS934881
Sector - Food
Asking Price
R800,000
Monthly Profit
R -19,228
Asset Value
R 855,854
Stock Value
R 0
Yearly Net Profit
R -230,738
Summary
Branded Chicken products direct to Public and Larger Organisations
Give me more informationFully describe the business's activities?
Retail store selling a range of poultry/chicken products under a regional franchised branded network.
Product Overview
Fresh and Frozen Chicken, Eggs, Sauces and Spices, Whole Birds, Retail Braai Packs, Fixed Mass Products, Bulk Portions
How does the business operate on a daily basis?
Retail store that serves walkin customers as well bulk sales to institutions
What Advertising/Marketing is carried out?
Largely Facebook updates
What competition exists?
There are general retailers in area, yet none that supplies chicken in chicken only retail environment
How could the profitability of the business be improved?
BEE Contracts could be secured. Delivery services could be intyroduced. Visinbility odf store could be improved
How could the profitability of the business be improved?
BEE Contracts could be secured. Delivery services could be intyroduced. Visinbility odf store could be improved
How involved is the Owner in running the business?
The owner is handson
What are the main assets of the business?
Full Asset List Available
Strengths?
Well known Franchised Brand. High Demand Product
Weaknesses?
No BEE Credentials to secure larger contracts.
Opportunities?
Larger contracts in region for supply of bulk chicken products
Threats?
Revenue shortfall that leads to working capital constraints
What is the reason for the sale?
Owner cannot secure larger contracts due to BEE structures
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