Business Summary
Selling Price (property and business): R 29 m
Valuations
Property valuation R 36 m
Property size: 11,8 ha
Stock Value R 3 m
Financial performance
Total Sales Annual: R 9,5 m
Net Profit Annual: R 2,1 m
This iconic, successful business is one of the oldest gems along the well-known Beyers Naude Drive. Established more than 30 years ago, this business consists of a nursery, function/wedding venue as well as garden café with a regular following and return customer base.
You can become the owner of one of the best nursery/function venues in Gauteng as the property will be sold with the business.
The business is an ideal opportunity for those with an entrepreneurial spirit looking to exit the corporate world or are looking for a solid property investment. The business provides an excellent long term alternative investment opportunity with outstanding potential for returns. Since its inception, the business has proven to be an excellent investment. The staff are all skilled and experienced to run the business.
The business carries a large range of locally sourced trees and shrubs and flowers as well as imported stock items at competitive prices. While they mostly cater to the local community and the surrounding businesses and farms, they also stock and deliver to corporates and parastatals.
The owners are also prepared to sell the shares in the company and are willing to negotiate a time to stay on after takeover to interface the purchaser into the industry. Above scenario depends on how the purchaser will finance the transaction.
Applicants need to provide the following detail, meet the following criteria and be available for the following:
- Provide verifiable proof of R 15 m unencumbered cash to be invested as purchase price;
- Applicants need to raise financing for the remainder of the purchase price;
- Alternatively, supply verifiable proof of the total purchase price as indicated above;
- Complete a Non-Disclosure Agreement;
- Upon receipt of the above a compulsory introduction meeting will be arranged before any information will be disclosed.
The above process is a pre-condition of our mandate / proxy agreement with the selling party and non-negotiable in terms of this agreement. The business location and information are sensitive and can only be viewed by an appointment between the parties involved.
