Summary
This is an incredible opportunity for a creative entrepreneur looking to take a thriving business to the next level. With its solid foundation and unique offerings, this business has the potential to double its sales within the next 12-24 months, making it the perfect investment for someone ready to grow and innovate.
Give me more informationBackground and History
Launched as a side hustle during the pandemic, this venture has quickly evolved into a thriving business with significant growth potential.
Products and Services
View some of their products on Instagram @fabulousgiftscapetown
Assets
Machines to the value of R15 000
Employees
Staff are casual workers and are trained extensively.
Reason for Sale
Health reasons
Conclusion
-
Supply 30 plus shops
-
A sales representative works on commission with over 40 years of experience.
-
An extensive list of wholesale buyers, including a variety of shops already on the books.
-
Three consignment stores, two of which have a large social media following. Two of these stores accept all overruns.
-
A private Facebook group for exclusive buyers, where workshop samples and rejects are sold, ensuring zero wastage.
-
The domain www.hooplifestyle.co.za is reserved.
-
Custom dies and jigs for leather labels are in place.
-
Digital embroidery files for the logo are available.
-
Professional branding has been completed by a top designer.
-
Retail and wholesale catalogs (open files available for modifications).
-
Facebook and Instagram pages are active.
-
A detailed supplier list is maintained.
-
Trained staff and backup part-time staff are ready to work.
-
Custom-designed colors have been created exclusively for Hoop Lifestyle.
-
Favorable terms have been negotiated with various couriers, offering excellent rates.
-
The business is registered as Hoop Lifestyle (Pty) Ltd.
-
Advanced techniques, not featured in the catalog, are used for exclusive commissions from designers.
-
Unique designs – while basket making is common, the collection features several original designs that stand out from anything seen before.
-
Products not yet introduced to the market, with one offering significant potential as a full-time opportunity on its own.
-
Formulations are in place to calculate custom quotes.
-
A spreadsheet detailing profit per product is maintained.
-
A bookkeeper is employed for R1500 per month.
-
Electricity costs are capped at R500 per month due to energy-efficient machines.
Agents Comments
This is an incredible opportunity for a creative entrepreneur looking to take a thriving business to the next level. With its solid foundation and unique offerings, this business has the potential to double its sales within the next 12-24 months, making it the perfect investment for someone ready to grow and innovate.
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
Promote
your business for sale
Reach
the right audience
Gain
more exposure
More businesses you may like
More similar, inspiring businesses for sale
Manufacturing Business Specializing in the Agri Sector
15,500,000
YNP - R 2,600,000
Ventilation & Engineering Project Specialist - Industrial Sector
12,600,000
YNP - R 4,189,653
Plumbing Business in Cape Town Northern Suburbs
1,200,000
YNP - R 398,014
Knowledge Bank
Get the latest information, valuable tips and share in the professional knowledge of business experts on selling or buying a business
Buyers
What Are The Advantages Of Buying An Existing Business
What Are The Advantages Of Buying An Existing Business
10 Questions To Ask When Buying A Business
10 Questions To Ask When Buying A Business
The Transformative Power of Business Coaching: Unleashing Success and Growth
In today's competitive business landscape, entrepreneurs and professionals are constantly seeking ne
Sellers
Unlocking Opportunities: Selling Kindergarten, Pre-School and Early Childhood Development Centre Franchises Online with Business for Sale
We're excited to announce our latest endeavour aimed at fostering growth and expansion in the early
Empowering Franchisors: A Refined Approach for Exponential Sales Growth
Empowering Franchisors: A Refined Approach for Exponential Sales Growth
6 Steps To Selling A Small Business In South Africa.
6 Steps To Selling A Small Business In South Africa.