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Franchised Bottle Store Kempton Park
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Business For Sale


BUSINESS FOR SALE OVERVIEW


Franchised Bottle Store in a residential shopping centre and enjoys the benefits of belonging to a Franchise group for better buyin gprices and support.


BUSINESS SELLING DETAILS

  Selling Price     1,000,000   Turn Over Per Month     323,741 
  Stock Included 300,000    Profit Per Month 26,222
  Assets Included  100,000   R.O.I %  31%
  Total Price   1,000,000    



BUSINESS MANDATE INFORMATION
 History and Overview Of The Business
Fully describe the business's activities  Franchised Liquor Store
When was the business established? 15 Years
How long has the owner had the business? 15 Months
 How Does The Business Operate
How does the business operate on a daily basis Staff run
How are the clients attracted to the business? The business is a well established local bottle store
What Advertising/Marketing is carried out? Facebook
Does the business have any contract work? No
What competition exists? There are other Liquor stores in the town
Seasonal Trends? Busy over April/May and November/December
January/February are traditionally the quiet months
 Financial Information
Vat Registered?  No
Vat Documentation on File? N/A
Management Accounts?  Yes
Audited Financials?  No, only management accounts
What as Cash/Credit Split? 100% Cash
Debtors Book Age Analysis N/A
How can you improve the profitability? More attention from owner
 Is Seller Finance available and if so what is it? No
   Staffing Of the Business
What is the total number of Staff? Two full time and one Casual
Staff Breakdown Manager - One year
Cashier - 15 Months
Staff Special Perks and Bonuses? Bonus if sales over R350,000 per month is achieved
Are the staff on Contract? Yes
Does any of the staff have management potential? Yes in place
How involved is the Owner in running the business? Minimal, opens and closes once per week
  Premises Of the Business
When Does the Current Lease ends? May 2023
Is there an option to renew? Yes 5 Years depending on landlord
What is the annual escalation % 8%
What are the Trading Hours? 10:00 - 20:00 Monday to Friday (Liquor license allows 8am open)
09:00 - 20:00 Saturday (Liquor license allows 8am open)
09:00 -15:30 Sunday
What is the square meters? 90m²
Is a copy of the lease available? Yes
Do You require a license? yes, license to be transferred
 Assets Of The Business
Full Asset List available? See asset list
 Anything not included in the sale? No
 What is condition of the assets Good
 Any Assets on Lease/HP that Buyer needs to take over? No
 Are they insured at the moment? Yes
  SWOT Of The Business
 STRENGTHS Well established
Loyal clients
 WEAKNESSES Low income area
 OPPORTUNITIES Deliveries
Open at 8am
 THREATS None Identified
 Summary
Why is this a good business Cash business
Why is the owner selling it? Wishes to use capital in another business


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have viewed this page since 30 April 2015