Ref. No - BFS937130
South Africa, Western CapeRef. No - BFS937130
Sector - Retail
Asking Price
R768,000
Monthly Profit
R25,981
Asset Value
R 20,500
Stock Value
R 18,000
Yearly Net Profit
R 311,767
Summary
This well-established work-from-home business sells bespoke customized gifts to its clients. Simple, work-from-home business model.
Give me more informationFully describe the business's activities?
This business is selling bespoke gifts to a regular client base. Excellent product !
How long has the owner had the business?
The current owners purchased the business in 2022
How does the business operate on a daily basis?
The owner responds to clients who email or put in an order online.
Customizing the product involves a lot of correspondence via email and WhatsApp.
Once the design is completed, the owner manufactures and then ships the product to the client.
Customizing the product involves a lot of correspondence via email and WhatsApp.
Once the design is completed, the owner manufactures and then ships the product to the client.
How are the clients attracted to the business?
Facebook marketing, mass emails and whatsapp messages to clients and groups, bring in regular orders.
What competition exists?
There are other small gift shops also selling the product but they are the biggest in South Africa.
How could the profitability of the business be improved?
Advertising more
Give a breakdown of staff/ functions/ length of service?
Single owner and operator of business
What are the trading hours?
This is a work from home business, 08:00 - 17:00
What are the main assets of the business?
Manufacturing equipment (Printer, table, laptop, drying rack)
Strengths?
Unique product
Effective manufacturing process
Large following on social media
Effective manufacturing process
Large following on social media
Weaknesses?
Stock procurement and availability, especially over peak period
Opportunities?
Scaling of business
Threats?
New competition
What is the reason for the sale?
As a small company operating from home the seller has two children which requires more attention which affects running the business effectively.
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