2 x Long Established And Profitable Ice-Cream Kiosks for Sale in Port Elizabeth.
Business Description:
A gem of a business which consists of 2 x Kiosks located in a Major Shopping centre in Port Elizabeth which specializes in selling the most delicious and refreshing ice cream treats.
The kiosks are strategically positioned in the Shopping center in such a way that ensures high visibility and a steady stream of customers.
The ice cream is manufactured by the owner’s factory with special attention being given to the quality and presentation of the product.
In addition, the Seller will continue to supply the Kiosks (new owner) with the same superb ice cream that is currently being sold (this a condition of Sale for the Seller).
The Seller is a hands-on operator and pays meticulous attention to the quality of the product as well as the performance of the kiosks.
This business has certainly delivered consistent results for the owner and undoubtedly will do the same for the new owner.
The Seller has now reached the age where he believes that is time to downsize and concentrate on the manufacturing of the ice cream, with a more vibrant and younger person running the day-to-day operations of the Kiosks.
There is plenty of scope to add other items to the current product mix as these kiosks are not part of any franchise and are not governed by what they must sell.
The Seller will provide full and training and support to the new owner.
Profitable, well located, superbly priced and easy to operate this is a fantastic business opportunity that is just waiting to be snapped up.
Annual Turnover:
R1 919 445 (Both Kiosks)
Net Profit:
+-R 300 593 (Both Kiosks)
ROI:
+-33%
Current Asset Value:
+-R1 754 900 (Both Kiosks, Included in the asking price).
Current Stock on hand:
+-R15 100 (Both Kiosks (Included in the asking price).
Current Annual Rental:
+-R407 555 per year (Both Kiosks)
Vat registered:
Yes
Growth Potential:
These Kiosks have an already established client base, thus expansion possibilities include the expanding of the current client base or opening of additional Kiosks in other areas / shopping centers
MORE DETAILED FINANCIAL INFORMATION IS AVAILABLE BUT WILL ONLY BE PROVIDED TO SERIOUS QUALIFIED BUYERS AT A TABLE TOP MEETING AND ON COMPLETION OF A NON DISCLOSURE AGREEMENT
Business Type
Ice-Cream Kiosks
Asking Price
R900 000 (both Kiosks)
PROVINCE
CITY
Premises:
Leased (Landlord approval may be required)
Trading Hours:
Mon to Fri: 08h00 – 16h30 Saturday: Closed Sunday: Closed
Staff Compliment:
4 x full time employees
Buyer Profile:
This business will suit a husband-and-wife team / family or another similar type of business that is looking to expand their current business footprint or a person / entrepreneur who is looking to become the master of their own destiny.
Full training and support will be provided by the seller to the new owner.
Reason for selling:
Semi – Retirement