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Price: R 4,500,000-00 .... VAT exclusive.
Plus Inventory/Stock at cost price on day of take-over. (+- 300 000.00 - 600 000.00)
Reason for Sale: Owner relocate to sea and can now take on a smaller pension type of business to stay busy.
The new owner will in the process of buying get TWO BUSINESSES included in the asked price.
Turnovers stated under A and B
---------------------- A ----------------------------- B --------
2016: ..... R 15,950,156-00 .......... R 2,070,294-00
2017: ..... R 16,813,383-00 .......... R 3,503,915-00
2018: ..... R 18,542,056-00 .......... R 3,791,098-00
2019: ..... R 18,313,284-00 .......... R 3,211,595-00
All clients is on 7 days with outstanding invoices. (One invoice`s payment in before the next one
can go out). Some pay 1 day after delivered.
Assets of over R 2 000 00.00 included in the price.
WE make: Braaiwors 2.9Ton - 3.9Ton / day, Russains 700kg + / day, Viennas, Minced-meat and also sell Polony and Chicken-pieces with packed Offal now in demand.
We have three sales-persons in place.
We have a longstanding relationship with our customers.
Full client base is already there. (12 years)
Our products is highly in demand.
All customers get served weekly.
We use our own refrigerated trucks for deliveries.
This is a very profitable business now 12 years under current management.
The business will sell as a "Running Concern" (VAT Regestered)(Price is VAT Excluded) to maintain the supply-chain to customers. All staff is well trained and they can change positions any day when someone is not at work. The whole business operates as a well oiled machine.
Normal working hours is 07h30 - 17h30 plus overtime if needed, Monday to Friday. Sometimes also Saturdays to fill big orders ... Half or full Saturday with a selected number of workers for the needed order.
Average nett profit (last 3 years) is available.
Non-disclosure to be signed for SARS Financial Statements
The new owner will also have the first option to purchase the property as part of the deal ... at extra cost.
Part of the property is a 3 bedroom and a big 1 bedroom flat with... ( a 3rd building to fix again as a 1 bed flat. It was a 1 bed flat, but is now in use as a store. Toilet, shower, kitchen and electric wiring still in place.)
If Seriously Interested, then ... for more info ... feel free to contact the owner.
07h30 - 17h30 Monday to Friday plus overtime if applicable.
Saturdays only when needed for big orders.
One month from take-over
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