This business has a customer base in the retail sector that were most affected by the COVID epidemic, therefore their trading results over the last two years reflect this, as they were unable to trade for 5 months during of FY 2020 and also had trade restrictions in FY 2021. It is a testimony of the robustness of the business that they have survived this difficult period with staff levels largely intact, and a loyal customer base that is still growing. They expect to return to pre-Covid profitability levels or better this year, as their main opposition has significantly scaled down operations. This fact should be taken into consideration when enquiring about the business.
It is a third generation family business established to serve retail, hospitality, forecourts and entertainment outlets, wholesalers, supermarkets and conference and catering facilities with beverages, snacks and sweets, confectionery products, dry goods, select wines and spirits.
It is a growing, medium size, owner-managed company that has an excellent reputation in the market place with customers and suppliers alike.
They has been the proud recipient of numerous trade awards for service excellence.
The many reputable customers they serve, will attest to the reasons they prefer to deal with this company exclusively for the products they supply. Today they service, amongst many others, all the Gauteng-based Bottle Store Groups, the largest casinos in SA, the leading hotel groups, most popular hotels and conference venues, airlines, catering groups, pharmacies, wholesalers, distribution companies, top restaurants and approximately 80% of all independent bottle stores in the areas they cover.
They own the property they operate from and this is for sale in a separate transaction.