A Phenomenal, Established and Superbly Profitable Fresh Produce Distribution Business for Sale in Port Elizabeth
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Business Description:
SORRY FOLKS THIS BUSINESS HAS NOW BEEN SOLD
If your are looking to buy a business or sell your business then please contact: grant@mnbrokers.co.za
Annual Turnover:
+-R 29 794 070 (2024 Man Acc)
Net Profit:
+-R R2 078 824 (2024 Man Acc)
ROI:
+-46%
Current Asset Value:
+-R 1 998 794 (Included in the asking price).
Current Stock on hand:
+-R 316 670 (Not included in the asking price).
Current Annual Rental:
+-R 368 783 per year
Vat registered:
Yes
Growth Potential:
This Business has an already well-established client base; thus, expansion possibilities include the expanding of the current client base further, opening of additional branches in other areas and /or expanding the retail side of the business.
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
Wholesale and retail Fresh Produce Sales and Distribution
Asking Price
R4 500 000
PROVINCE
CITY
Premises:
Leased (Landlord approval may be required)
Trading Hours:
Mon to Fri: 08h00 – 16h30 Saturday: Closed Sunday: Closed
Staff Compliment:
30 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:
Emigration