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In a Sandston business park
The premises are leased and have recently been upgraded
Established licensee and distributor of an international maker of automatic pancake machines and the right to mix the ingredients and to sell these to their registered machine users who have the Popcake pancake appliance on loan from the licensee and to also sell and export to other users and licensees (currently to Singapore and Hong Kong) of the Pancake maker.
Established in 2013 and been an immediate success with a proven distribution network
The business is so well organised and managed to handle the needs of a growing market for self-serve style of relaxed open plan breakfast and buffet helpings.
They work usual business hours except for trade shows and other exhibitions
The machines are on consignment to the market and the profit is derived from the sale of the ready prepared special mixes which are made on the premises and despatched by courier services.
The sales staff are in regular contact with the customer base to get orders for replacement mix packages
An accounting system is in place for the collection of debtors who are established business enterprises.
There are no specific conditions of purchase, except that the buyer will need to pay a deposit and the balance due on the purchase price to the seller after approving the due diligence process and by no later than the effective date.
The business appeals to those clients who want to offer less traditional and more instant new choices of fresh deli servings and enjoy this in a relaxed atmosphere
The locations need to have reasonably high patronage, at least 100 rooms, and appeals in particular to the larger and more exclusive hotel and high volume guest houses