This well supported, profitable biltong shop was established in 2019 and is ideally situated in the passageway of a popular, large busy shopping centre with ample security and parking. It is part of a bigger group that owns and runs six similar shops in the greater Durban area.
The business operates from leased premises and the owner has an excellent relationship with the landlord whom he has known and done business with for many years.
The shop is run by two well trained permanent shop assistants who alternate work shifts and the owner is not actively involved in the day to day running of the business. He presently runs the business remotely.
Stock is sourced from well-known stable suppliers that the group has had an excellent relationship with for many years.
The shop sells biltong and other dried meat products as well as nuts, sweets, candy floss, cold drinks and Slush Puppy. The Centre Management is open to expand on the existing product range eg make and sell popcorn “white gold”.
There is excellent growth potential and there is an opportunity to prepare and sell hampers for birthdays, anniversaries, Valentines Day, Fathers Day etc as well as platters for functions and braais. Ballito is also growing exponentially.
The owner has already relocated to Stellenbosch which creates a wonderful opportunity for a buyer looking for a small, profitable business with good growth potential.
The business survived Covid and is presently trading at a 30% post covid growth. It has an annual net profit (EBPIDT) of approximately R101,500 and offers a return on investment of 30%.
The asking price is R350,000 excluding vat and stock. Stock is estimated at R10,000.