South Africa, Free StateSector - Food
Summary
Well established butchery and well known to the community for more than 27 years. They offer a variety of beef, poultry and venison to use in cooking. They cater for restaurants, coffee shops, etc.
Give me more informationFully describe the business's activities?
A fully equipped butchery that has diverse income streams with value added products such as biltong, venison, poultry and also meat preparation services to customers.
How does the business operate on a daily basis?
Normal retail outlet in a very lucrative part of Bloemfontein
What Advertising/Marketing is carried out?
Mostly flyers, local paper and social media platforms
What competition exists?
There are other butcheries and meat outlets in the area, but this business has a good client base
How could the profitability of the business be improved?
More advertising can done, contract work and extending the physical outlet
Give a breakdown of staff/ functions/ length of service?
1 x Sales manager
3 x general workers (preparing and packaging of the meat)
Do any have management potential?
One person who has been with the business for more than 25 years, yes.
How involved is the Owner in running the business?
100% daily
When does the current lease end?
Lease end 2023
What are the trading hours?
Monday to Friday 08:00 - 18:00
Saturday 08:00 - 14:00
What are the main assets of the business?
Equipment / customer base build up over 27 years
Strengths?
Staff well trained/Well known in the market / Generating good profits/ Situated in a very lucrative area
Weaknesses?
Premises has limiting expansion opportunity
Opportunities?
Extent shopfront / Open new outlets / Better and more advertising
Threats?
Competition
Succession planning
What is the reason for the sale?
Owner wants to emigrate
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