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Premium Food Manufacturing Business In Western Cape For Sale

Boland, Western Cape, South Africa
Asking Price:
R40,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R48,000,000
Cash Flow:
R8M - R15M

The company specialises in premium quality fresh produce and value-add products. It supplies to a wide range of retail stores and blue chip companies in the quick service restaurant space.

The business is experiencing significant growth (50-60% y/y) and is well positioned to maintain this growth for the foreseeable future.

The company has been around for 10 years and currently employs ±80 staff. The company also has its own fleet of refrigerated delivery vehicles.

The company owns three buildings with a combined size of 3150m2 (2 x 525m2 & 1 x 2100m2). These buildings can be sold with the operating side of the business, or leased from the current owner.

Property Information

Real Estate:

Real Property Included

Location:

The company owns three buildings with a combined size of 3150m2 (2 x 525m2 & 1 x 2100m2). These buildings can be sold with the operating side of the business, or leased from the current owner.

Size in square feet:
3150m2

Business Operation

Expansion Potential:

The business is renovating the new 2100m2 facility in line with FSSC22000 food safety standards (the highest possible certification in the food industry). Once this is achieved, the business should see a significant growth in revenue to its existing customer base.

Reasons for selling:

Owner is relocating

Employees:
80
Years established:
10

Other Information

Support & training:

The owner is willing to stay on for 12-18 months to do a proper handover.

Furniture / Fixtures value:
R10,000,000 - included in the asking price
Inventory / Stock value:
R400,000 - included in the asking price