Choose your country

Or view all businesses for sale



Profitable Bakery & Paraffin Family Business In Bloemfontein For Sale

Bloemfontein, Free State, South Africa
Asking Price:
R6,600,000 Furniture / Fixtures included
Sales Revenue:
R3M - R8M
Cash Flow:
R8M - R15M

This well-known, profitable family business has been in existence since 1960 and is still being run by the original family, However, it is time to retire now and therefore this profitable establishment is seeking a new owner.

This business has various income streams, the main being food and fuel. Included in the sale are the premises on which the daily operations are performed with additional rental income. The building has been valued at R3.8 million. All the equipment is included, which includes a large diesel-operated generator so that load shedding does not affect productivity.

The staff is well trained and it includes three managers and nineteen other staff members.

Financial Matters:

Food: Monthly Turnover: R600-R700k
GP%: 35%
Monthly gross profit: R210-R240k

Fuel: Monthly Gross Income: R80-R100k

Rent: Monthly Income: R13.5k

Property Information

Real Estate:

Real Property Included



Size in square feet:
4300 square meters

Business Operation

Expansion Potential:

Very high expansion potential with a loyal clientèle of 63 years

Reasons for selling:

The owners want to retire

Trading hours:

Trading hours is from 8am-5pm Mon-Fri. Sat:8am-11am. Runs a day and night shift. The night shift prepares the food for the following day.

Years established:

Other Information

Support & training:

Support and training will be provided

This business can be relocated.