"Selling your business is our business"
"Selling your business is our business"
Fully describe the business's activities?
Two beautifully designed and well-known retail outlets and a newly launched online retail store. Both stores are based in prime retail shopping centers and cater to the upmarket clientele. The business offers a large variety of mostly locally designed & produced products, showcasing some of South Africaâs best brands and artists.
The gift stores are the preferred place to find a perfect gift for a loved one, friend, colleague, or even for self-spoil.
The business stocks a variety of Gifting, Lifestyle & Body Products, and Home Decor.
How long has the business been established?
2019
How long has the owner had the business?
Since September 2023
How does the business operate on a daily basis?
Retail sales through walk-ins into the stores
How are the clients attracted to the business?
Both stores are located in very popular shopping centres.
What Advertising/Marketing is carried out?
The Shopping Centres do ongoing promotions. The business does regular Social Media posts
Does the business have any contract work?
No
What competition exists?
No real threatening competition in the centres. Most suppliers only supply to one stockist in an area
What are the seasonal trends?
Busy throughout the year , Very busy festive season, a little quieter in January
Is the business VAT Registered?
Yes
What VAT documentation is on file?
Up to date
Are there up-to-date Management Accounts available?
Yes - up to October 2025
What Balance Sheet and Income Statements are available?
AFS's to February 2025
What percentage of the business is cash/credit?
100% Cash Sales
Credit facilities can be applied at Suppliers (30 day accounts)
What is the age analysis of the debtors book?
All cash
How could the profitability of the business be improved?
Growth of the newly launched website
Opening of further stores: Suppliers are very eager
Is Seller finance available and for what amount?
No
What is the total staff complement?
3 Permanent (2 managers and 1 assistant)
2 casuals
1 owner
Give a breakdown of staff/ functions/ length of service?
Managers: 7 years
Assistant: 2 years
Casuals: 1year and new casual
Do any receive special perks or incentives?
Sales Performance Incentives : Only if they achieve sales targets and completely optional
12th bonus cheque in December for permanent staff
Are they on contract?
All staff are permanent
Do any have management potential?
Yes, there are already 2 managers ; and 1 assistant has management potential and very eager.
How involved is the Owner in running the business?
Admin role â works from home, mostly in the morning
When does the current lease end?
Lease 1: 2029
Lease 2: 2027
Is there an option of renewal & what period?
Yes , always negotiable with the landlords. Never had any issues on renewals , they are very keen to have the gift stores in their centres
What is the annual escalation %?
7%
What are the trading hours?
Store 1: 9am â 5pm
Store 2: 9am â 7pm
Shorter times over weekends
What is the square meters of the business?
Approx 50sqm
And
Approx 100sqm
Is a copy of the lease available?
Yes
Do you require a licence?
No
What lease deposit and/or other surety is required?
2 x Monthly Rental
What are the main assets of the business?
A full list on file
Are any items not included in the sale?
All included
What is their overall condition?
Good , PCâs are new. Some shelving also new.
Do any require repairing?
No
How have they been valued ?
Fair market value
Which assets are on lease/HP and with whom?
None
Card Machines also owned by the business
Are they presently insured?
Yes
Strengths?
The only specialised gift store in the shopping centres.
Lots of local and international foot traffic in both areas.
Promoting Local artist and products.
Selling strong name brands.
Well-trained staff who can run independently.
Weaknesses?
Website not fully promoted.
Opportunities?
Stronger sales and wider area will be covered if selling online. Open more stores , especially in high end areas and in Pretoria / Gauteng
Threats?
No immediate threats other than normal economic impacts
What is the reason for the sale?
Health reasons of the owner
Why is this a good business?
Focusses on a niche upmarket clientele.
Customers, local and foreign
Clients know the brands and are always keen to buy. Stores are located in very good shopping centres,
Staff are well-trained, long-term employees who can operate independently.
Lots of potential to grow the business into more stores and online sales.
The business is very easy to manage, no specialised skills are required expert basic business knowledge.
