Spar Supermarket In Cresta For Sale

Business description

1. History Background
Fully describe the business's activities
General franchise food supermarket

2. Present Market
How does the business operate on a daily basis
Supplies food and general products to customers who mainly drive to the store

How are the clients attracted to the business
By the well respected store brand, easy access and friendly atmosphere

What Advertising/Marketing is carried out
Franchisor does marketing and local pomotions

3. Financial
Is the business VAT Registered
Yes, business is vat registered

What VAT documentation is on file.
Yes, vat documents are on file

How could the profitability of the business be improved
By a new owner applying himself to re-inventing the business process to identify new opportunities

Is Seller finance available and for what amount
No seller finance is available

What is the payback period
34 months

What is the ROI
34 percent

4. Staffing
Do any have management potential
Their are already 2 managers in place

How involved is the Owner in running the business
Supervises the daily operation

5. Premises
Is a copy of the lease available
Yes, copy of the lease will be made available

6. Assets
Is a full asset list on file
Full asset list is on file

7. S.W.O.T. Analysis
Strengths
Well established brand

Weaknesses
Complacency by the current management

Opportunities
A new buyer will be more constructive in forward planning

Threats
Very little competition in the area

8. Reason For Sale
What is the reason for the sale
The seller needs to concentrate more on his import business

9. Conclusion
Why is this a good business
Good profit history

What is the price plus stock and the net profit
Priced at R8,000,000 with an average monthly net profit of R207,000

Interested in buying this business

Other information

Inventory / Stock value:

R1,000,000 (included in the asking price)