Sector - Retail
This Business is part of a Franchise group and is the TOP Franchise. They supply alternative ink and toner cartridges for home and office printers. They also sell OEM cartridges to customers who prefer these.Give me more information
Fully describe the business's activities?
This business is one of the best Franchisees for a well known Supplier. They operate in one of the Capes busiest malls.
The owner has two staff members and is not involved in the opening and closing of the business.
The Business operates as a kiosk in the mall and is situated close to the Food Court. They supply alternative ink and toner cartridges for home and office printers.
They also sell OEM cartridges to customers who prefer these.
How does the business operate on a daily basis?
A sales assistant opens the kiosk in the mornings. They sell ink and toner cartridges over the counter of this mall kiosk, using a very user-friendly POS system.
What Advertising/Marketing is carried out?
The Franchisor does marketing mostly via the website and Facebook. The shop itself relies on passers by and word of mouth.
What competition exists?
No real competition in the three suburbs surrounding the shopping mall.
How could the profitability of the business be improved?
Negotiation is underway to reduce the monthly rental amount.
The franchisor is working hard at reducing the cost of sales.
Give a breakdown of staff/ functions/ length of service?
Sales assistant / manager: 4,5 years’ service
Sales assistant: 2,5 years’ service
Duties: Counter sales; housekeeping; advise on specific stock that is required
How involved is the Owner in running the business?
No presence in the kiosk at all.
Does weekly orders and when required; checks day ends daily; issues stock take sheets weekly (very quick and easy) pays salaries, UIF and VAT; interfaces with franchisor
When does the current lease end?
The lease is currently on a month to month basis.
What are the trading hours?
9h00 to 18h00 Monday to Saturday
9h00 to 17h00 on Sunday and public holidays
What are the main assets of the business?
As per Asset List
Cost effective, alternative printer consumables.
No real competition.
Well established and well known.
Very good position.
Although sales decline during December there are no real weaknesses.
Increase of profitability by reducing cost of sales and rental amount.
More marketing to the community, schools and businesses.
More Facebook marketing.
Monthly participation in Shopping Centre newsletter
Decline in printing of documents. This has however not happened since the so-called paperless era started. There seems to be a continued need for printing at home, at offices and at businesses.
What is the reason for the sale?
The Business has a good and stable income with virtually no involvement from the owner.
The owner wants to relocate to a rural town and wants to purchase another small business.
Access to the number one business broking tool to get your business sold.
We've got you covered!
We offer an innovative and intuitive
solution for selling your business, franchise and premises
your business for sale
the right audience
More businesses you may like
More similar, inspiring businesses for sale
YNP - R 6,109,359
YNP - R 747,309
YNP - R -65,743
YNP - R 582,008
Get the latest information, valuable tips and share in the professional knowledge of business experts on selling or buying a business
Have you been on the lookout for car washes on sale in South Africa? Look no further because Busines
Franchising isn’t always the cheapest way to start a business, but luckily there is a growing numb
Finding affordable franchises in South Africa can be very easy, thanks to Business for Sale. We alre
The decision to sell a franchise is a big one that should be planned and prepared for carefully. If
Starting out as a business broker may seem daunting; there are many who have been in the business fo
There are many small business owners who successfully manage to sell their businesses without using