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LocationSouth Africa, Free State

Sector - Food

Asking Price
R4,400,000
Monthly Profit
R 89,640
Asset Value
R 0
Stock Value
R 50,000
Yearly Net Profit
R 1,075,679

Summary

Well established butchery and well known to the community for more than 25 years. They offer a variety of beef, poultry and venison to use in cooking. They cater for restaurants, coffee shops, etc.

Give me more information

Fully 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?

Very little. Basically advertisements for specials and prices on social media

What competition exists?

All over Bloemfontein there are a number of butcheries and meat outlets.

How could the profitability of the business be improved?

Increase sales by advertising more and also extending the physical outlet

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

Sales and 3 persons preparing 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 2021

What are the trading hours?

Mondays to Fridays 08:00 - 18:00
Saturdays 08:00 - 14:00

What are the main assets of the business?

Equipment / customer base build up over 25 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

Location

Contact | Enquire

Pierre

Pierre De Klerk

LocationSouth Africa, Free State

Preferred method of contact

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