Ref. No - BFS937054
South Africa, GautengRef. No - BFS937054
Sector - Food
Asking Price
R1,760,445
Monthly Profit
R47,694
Asset Value
R 1,333,618
Stock Value
R 185,445
Yearly Net Profit
R 572,322
Summary
The bakery is known for the high quality and freshness of its range of baked goods.
Give me more informationFully describe the business's activities?
The business is a retail bakery located on a corner of the prime retail area of Edenvale. The business supplies certain Spar and Pick n Pay stores in addition to its own retail prewsence.
How does the business operate on a daily basis?
The bakery opens at 7h00 and closes at 20h00.
Baking operations start at 5h30 and close at 15h00
Baking operations start at 5h30 and close at 15h00
What Advertising/Marketing is carried out?
The bakery has a website, a social media presence, is on whatsapp, Facebook and Instagram.
What competition exists?
There is local competition but this has not affected the bakery turnover
How could the profitability of the business be improved?
Adding new lines such as a savoury range, salads and chicken
Give a breakdown of staff/ functions/ length of service?
2 bakers (bread and rolls)
2 customer service personnel
4 confectioners
1 driver
1 assistant manager
2 customer service personnel
4 confectioners
1 driver
1 assistant manager
Do any have management potential?
yes
How involved is the Owner in running the business?
100%
When does the current lease end?
2027
What are the trading hours?
7h00 to 20h00
What are the main assets of the business?
Furniture & fittings
Oven
Shop counters
POS system and hardware
Baking equipment
Food Safety Certificate from GFSC
Oven
Shop counters
POS system and hardware
Baking equipment
Food Safety Certificate from GFSC
Strengths?
Well established in the community
Excellent reputation
Proprietary recipes with proven appeal
High traffic location
Moderate rent
Corporate customers
Approved Food Safety Management System
Well trained, productive staff
Excellent reputation
Proprietary recipes with proven appeal
High traffic location
Moderate rent
Corporate customers
Approved Food Safety Management System
Well trained, productive staff
Weaknesses?
Bakeries is a competitive market
Opportunities?
Additional lines will boost revenue
Threats?
No visible threats beyond the visible economic cycle
What is the reason for the sale?
Owner wishes to retire and emigrate
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