South Africa, Free StateSector - Food
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.
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
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