How does the business operate on a daily basis?
Over-the-counter trade and delivery, by courier, of products..

How are the clients attracted to the business?
Advertising and word of mouth.
Since 2021 the business has built up a reputation for good service and authentic, good, unique and fresh Indian products.

What Advertising/Marketing is carried out?
Social Media/ Advertising Boards outside the shop/ Word of mouth

What competition exists?
Only the local supermarkets carry spices, but nothing like a dedicated shop with this stock holding and/or variety.

What are the seasonal trends?
People enjoy curry in the winter months, however, the only slower month is January into February.

Is the business VAT Registered?
Yes - VAT number and documentation available in due diligence.

What VAT documentation is on file?
All documentation is right up to date

Are there up-to-date Management Accounts available?
All available monthly/annually

What percentage of the business is cash/credit?
100% of business is cash - no credit extended to clients.

How could the profitability of the business be improved?
More advertising and selling cooked Indian curries to take away.

What is the total staff complement?
3 Permanent employees

Give a breakdown of staff/ functions/ length of service?
2 x Staff members are full time having been with the business for nearly 1 year.
The other staff member is part time.

Are they on contract?
Permanent

Do any have management potential?
Yes, 1 staff member is very responsible and is already in a Management position.

How involved is the Owner in running the business?
Very involved - hands on.

When does the current lease end?
March 2025

Is there an option of renewal & what period?
Yes - 3 years

What is the annual escalation %?
6%

What are the trading hours?
Monday to Friday - 9am - 6pm / Saturday - 8am to 2pm

What is the square meters of the business?
90 sq metres

Is a copy of the lease available?
Yes

What lease deposit and/or other surety is required?
2 x Months rental

What are the main assets of the business?
Yes - a full list is available

Are any items not included in the sale?
No

What is their overall condition?
Very good

How have they been valued ?
At fair market value

Which assets are on lease/HP and with whom?
None

Are they presently insured?
Yes

Strengths?
Authentic Indian ( Durban ) curry powders and Indian products related to Indian cuisine.
Excellent service with delivery by courier.
Popular with local and countrywide customers who enjoy spice dishes.
On a busy main road in the Southern Suburbs of Cape Town with good frontage and parking
Has online store and website and is marketed on social media.

Opportunities?
Provide cooked Indian curry for take-aways.

Threats?
None perceived.

What is the reason for the sale?
The owner has other business interests with little time to manage.

Why is this a good business?
Authentic Indian ( Durban ) curry powders and Indian products related to Indian cuisine.
Excellent service with delivery by courier..
Popular with local and countrywide customers who enjoy spice dishes.
Has online store and website and marketed on social media.