Established Gourmet Food Manufacturing and Distribution Business for sale

SORRY FOLKS , THIS SUPERB BUSINESS IS NOW SOLD.

If you are looking to BUY or SELL a business then please contact: grant@mnbrokers.co.za

Financial Information

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Annual Turnover:

R 5 942 574 (Feb 2019) and is forecasted to grow to around R 7 765 756 (Feb 2022)

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Adjusted Annual Net Profit (EBIDTA):

+-R 409 878 (2019) and is forecasted to grow to around R 527 912 (2022).

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Adjusted Annual Net Margin (EBIDTA):

+-8% (20119)

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Current asset value:

+-R200 000 (asset list is available – Included in the asking price)

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Stock on hand:

+-R250 000 (Not included in the asking price but the Seller is negotiable on this)

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Rent per month:

Currently R18 253 per month with a 7% annual increase

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Vat registered:

Yes

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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 Information

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Business Type

Gourmet Food Manufacturing and Distribution Business

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Asking Price

R 2 750 000 (Outright Purchase)

R1 950 000 (50% share)

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PROVINCE

Eastern Cape

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CITY

St Francis Bay

Premises:

The premises are leased with the property being a total of 307msq. The building (production factory) consists of two floors of which the business occupies both. Landlord approval of the new owner will be required.

Trading Hours:

Monday to Friday: 08h00 to 16h30;

Saturday: 08h00 to 13h00;

Sunday: Closed

Buyer Profile:

This business is suitable for any entrepreneur, exiting business, family or husband and wife team that is looking to either expand their operational foot print or to enter the gourmet food manufacture and distribution business. Knowledge of the food industry is recommended.

Reason for selling:

Retirement and Medical reasons

Disclaimer: All the information contained within this prospectus is supplied in good faith and is based on information supplied by the Seller; MN Business Brokers makes no representation as to its accuracy and in no way will be held liable for any eventualities arising from the use of the information provided.

Contact Us

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call

Grant – 073 556 0065

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email

grant@mnbrokers.co.za

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visit