Filters
LocationSouth Africa, KwaZulu-Natal

Sector - Sales & Services

Asking Price
R400,000
Monthly Profit
R 25,417
Asset Value
R 0
Stock Value
R 650,000
Yearly Net Profit
R 305,001

Summary

Supplier of all uniform and sports clothing for Private School

Give me more information

Fully describe the business's activities?

Uniform retail shop on the school premises of a Private School in the Upper Highway area of Durban. Supplies all school uniforms, bags, sports apparel and text books that are required for the various grades of the school. The school is growing year on year as the demand for pupils escalates

How does the business operate on a daily basis?

The shop is open at various times 4 days a week. However when the November to January "season" starts the shop opens for longer hours and a further day each week due to demand. Parents utilize this shop for all clothing requirements, including text books and sports apparel

What Advertising/Marketing is carried out?

During school functions such as parents open day or sports days, the shop will have a small site to show clothing (either second hand or new)

What competition exists?

There are no other uniform suppliers for the school. Shoes and sporting equipment can be bought from other clothing stores, in the Upper Highway area.

How could the profitability of the business be improved?

A new buyer could start supplying, other educational institutions in the area, with their specific branded uniforms and apparel. The college is expanding each year, due to demand for extra learners, which escalates demand from the parents of the college.

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

All sales and marketing is managed by the owner. The staff assistant will help and manage the shop when the owner is not available.

Do any have management potential?

See above

How involved is the Owner in running the business?

The owner is very hands on and has been since inception.

When does the current lease end?

December 2022

What are the trading hours?

Monday and Wednesday 0715 hrs. to 1100 hrs. Tuesday and Friday 1030 - 1430 hrs.

What are the main assets of the business?

Stock is the main asset and is displayed on movable shelving racks. There are clothing racks, shelving, office furniture, point of sale system and various packaging items.

Strengths?

The shop is on campus and is adjacent to a coffee shop, so many parents meet at the coffee shop during their shopping for new uniforms/trading in of old uniforms The "second hand" facility is an attraction for the parents to upgrade and upsize. Well known and as the school adds more grades so the demand for uniforms escalates.

Weaknesses?

These is no apparent weakness, as the shop is well known for quality service.

Opportunities?

Increase the range for other private schools in the area. Could also add other clothing ranges for the fashion conscious pupils i.e. shoes, jackets hats etc.

Threats?

There is no threat as the shop is on campus with sound security at the entrances.

What is the reason for the sale?

The owner's husband has been promoted to Pietermaritzburg and the owner would like to relocate their homestead into the city.

Location

Contact | Enquire

Ian

Ian Reich

LocationSouth Africa, KwaZulu-Natal

Preferred method of contact

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