A Well Established and Profitable Unique Food Manufacturing and Distribution Business for Sale.
Business Description:
A family recipe handed down from “Ouma” was the inspiration for the startup of this business which started in the kitchen of the Seller many years ago and as demand for the product grew so the business expanded to where it is today.
Located in a well-known “Dorpie” in the Eastern Cape this business supplies a fresh unique, and in demand, food product to a major brand name supermarket franchise and other smaller take-aways.
The food product is freshly prepared everyday and then distributed to the business’s clients.
In addition, this well-established business has its own retail store from which anybody can purchase their freshly made food offering.
The product itself is a high demand product which is well known for its health attributes.
The Sellers have now reached the age where it is time to retire and pass their successful business to another “enthusiastic foodie” who can grow the business to its full potential.
The preparation of the product is done by well-trained staff with the seller having an more oversight role due to age and health.
The Seller draws a very healthy earning from the business and the new owner should easily be able to do the same.
All the business’s assets and vehicles are included in the Asking Price.
Stock on hand is NOT included in the Asking Price.
The sellers will provide full training and a handover to the new owners.
This business is not part of any franchise and the possibility of franchising the business as well as increasing the product mix are most certainly areas that could be offer exciting growth prospects for the new owner.
Profitable, well located, superbly priced and easy to operate, this is a superb business opportunity that is just waiting to be snapped up.
Annual Turnover:
+-R3 119 711 (Fin info 2024)
Net Profit:
+-R R667 572 (Fin Info 2024)
ROI:
+-33%
Current Asset Value:
+-R1 084 726 (Included in the Asking Price).
Current Stock on hand:
+-R 200 000 (Excluded from the Asking Price)
Current Monthly Rental:
+-R7 990 per Month
Vat registered:
Yes
Growth Potential:
Growth prospects include expanding the client base to include other Branded Supermarkets, expanding the product range, opening of branches in other regions and towns.
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
Unique Food Manufacturing and Distribution
Asking Price
R2 000 000
PROVINCE
CITY
Despatch / Uitenhage (Eastern Cape)
Premises:
Leased: 3 x years with option to renew (Landlord approval may be required)
Trading Hours:
Mon to Fri: 08h00 to 18h00 Saturday: 08h00 to 14h00 Sunday: Closed
Staff Compliment:
10 x employees (6 x Permanent, 4 x casual and 2 x owners
Buyer Profile:
This business will suit 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 for an established profitable and unique nosiness.
Full training and support will be provided by the seller to the new owner.
Reason for selling:
Retirement and Health reasons.