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Bargain House profile

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COMPANY PROFILE<br />

www.bargainhouse.co.za


Contact:<br />

Tel: (015) 297 0569<br />

Fax: (015) 297 6633<br />

Email: yahya@bargainhouse.co.za<br />

muta@bargainhouse.co.za<br />

Cell: 082 789 8391 / 082 337 8641<br />

www.bargainhouse.co.za


Background<br />

a. Company History<br />

<strong>Bargain</strong> <strong>House</strong> is a leading independent building materials & hardware store that operates in the<br />

Polokwane area. Founded over 23 years ago by the late Mr. A.A.I. Sakoor, whose vision was to bring<br />

to Polokwane, a reliable, quality oriented building & hardware store that takes pride in customer<br />

service and value for money.<br />

In 1986, the management team was expanded when Mr. Sakoor's two sons joined the business. The<br />

first store was established in Paul Kruger Street in Polokwane and in 1995 the company acquired<br />

additional land in Dahl Street where we opened a warehouse. We continued to grow from strength<br />

to strength and four years later, we bought the land opposite the Dahl Street Warehouse where we<br />

opened a second retail store. By now the company employed 25 people.<br />

Subsequently the company has grown its turnover by over 100% and currently employs<br />

over 80 people. <strong>Bargain</strong> <strong>House</strong> is strategically situated on the outskirts of the Polokwane CBD,<br />

making it convenient for clients to access the store.<br />

b. What we do<br />

<strong>Bargain</strong> <strong>House</strong> is a wholesale building materials & hardware store that markets and sells products<br />

to companies in the construction industry. The success of the company is attributed to the owners<br />

knowledge of the industry and their dedication. To best meet the needs of our target market,<br />

<strong>Bargain</strong> <strong>House</strong> has segmented their market, offering a better pricing structure for wholesale clients,<br />

a payment plan, and a different offering to retail clients.<br />

In striving to live up to the ambition of our original founder, of establishing a community store that<br />

prides itself on customer service, the current owner focuses heavily on customer satisfaction.<br />

<strong>Bargain</strong> <strong>House</strong> has been instrumental in empowering emerging BBBEE contractors who have<br />

won contracts to build RDP homes, schools & hospitals. In total, the company has successfully<br />

supplied contractors the building materials that have built over 10 000 RDP Homes, 30 - 40<br />

Schools and 6 Clinics.<br />

We are a major wholesaler of the best branded cement available, selling over 100 000 bags per<br />

month.


1. Strategy & Vision<br />

a. Company Vision<br />

The company's vision is to become the leading supplier of building material in Limpopo. The<br />

company will achieve this by ensuring that we give clients the best service and advice in the<br />

quickest possible time whilst remaining highly competitive.<br />

b. Mission statement<br />

We are committed to empowering and contributing to the growth and development of emerging<br />

BBBEE building contractors. Through this commitment we endevour to support the national<br />

interest of job creation.<br />

This mission is to be in line with our business objectives of delivering value and growth to all stake holders.<br />

c. Values<br />

• Gratefulness<br />

• Respect<br />

• Integrity<br />

d. Business goals & objectives<br />

• To encourage best practice and innovation within the construction industry.<br />

• Supplying the best quality products at a reasonable price, making it affordable for emerging<br />

contractors.<br />

• Keeping sufficient stock of our building products & hardware so that emerging contractors do<br />

not run out of material during a construction project and also allowing small contractors to keep<br />

their own stocks low.<br />

• To be competitive in a global market.<br />

• Foster entrepreneurship by empowering and developing emerging BBBEE contractors in the<br />

Construction Industry.<br />

• Provide the best advice to our clients through innovative solutions.<br />

• To grow turnover by 50% and employment by 25% over the next 3 years.<br />

e. Growth strategy<br />

To enter new markets by maximising our excellent logistics and to diversify into manufacturing<br />

within the sectors we operate.


Products & Services<br />

a. Products<br />

We specialise in the following products and services, tailored to meet all customer needs:<br />

• Building materials<br />

• Fencing & security<br />

• Roofing solutions<br />

• Power tools<br />

• Hand tools<br />

• Hardware<br />

• Paint and accessories<br />

• Electrical, lighting<br />

• Plumbing<br />

• Sanware and accessories<br />

• Decor<br />

• Flooring<br />

• Bathrooms<br />

• Garden tools<br />

• Outdoor<br />

• Patio<br />

We employ experts, that are knowledgeable about the products we sell, who can assist<br />

efficiently & effectively.<br />

b. Services<br />

<strong>Bargain</strong> <strong>House</strong> Wholesalers Group has extensive experience and, with our vast private and<br />

public sector involvement, can serve the needs of our customers. Private sector clients range<br />

from small owner-managed businesses to corporate enterprises.<br />

Professional Excellence<br />

Our service is driven by our core values beliefs:<br />

• Commitment to service delivery.<br />

• Integrity always conforming to high ethical standards.<br />

• Teamwork, achieved using multi-disciplined and diverse teams.<br />

• Accountability to our stakeholders.<br />

• Quality, achieved through professional standards compliance and active management participation.


Business<br />

a) Competitiveness<br />

We achieve our competitiveness by continually offering clients the best products and advice in<br />

the shortest possible time, at the best possible prices. At <strong>Bargain</strong> <strong>House</strong> we understand that<br />

contractors need to manage their time effectively so we strive to assist clients in the shortest<br />

possible time. Well trained staff and our state of the art warehousing, allows us to quickly find<br />

the products that our clients require, thus minimising time that contractors spend away from<br />

their core business.<br />

b. Quality policies<br />

We offer our clients products and service of the highest quality. We have a less than 1% defect rate,<br />

and less than 1% of our orders are incorrect. We source products from suppliers that meet our high<br />

quality standards.<br />

Management & Ownership<br />

a. Directors<br />

The directors of the company are Mr. M.A.Y. Abdul Aziz (Yahya) and Mr. A.M. Aziz Ismail (Muta).<br />

Both have over 20 years management experience in the hardware and building supply industry,<br />

and have contributed directly to the growth of the company.<br />

b. BBBEE<br />

We have contributed to the empowerment of emerging BBBEE contractors by offering payment<br />

plans for building material purchased. We also offer the best advice, highest quality products at the<br />

best prices to BBBEE Contractors.<br />

Contact Details<br />

South Africa:<br />

Postal Address:<br />

PO Box 274<br />

Polokwane<br />

0700<br />

www.bargainhouse.co.za<br />

Physical Address:<br />

88 Dahl Street<br />

Polokwane<br />

0699<br />

Telephone and fax details<br />

Tel: (015) 297 0569<br />

Fax: (015) 297 6633<br />

Email: yahya@bargainhouse.co.za<br />

muta@bargainhouse.co.za<br />

Cell: 082 789 8391 / 082 337 8641<br />

www.facebook.com/bargainhouseplk<br />

twitter.com/BH_plk<br />

bargain-house-polokwane

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