This is a work-from-home opportunity. Over the last 14 years, the business has developed reliable sources of supply and a considerable customer base for this product, which is essential to the food processing industry.
The business model is straight forward. The owner takes orders and arranges daily just-in-time collection and delivery of quantities ranging from a few hundred kilograms to 4 tons at a time.
It has a modest credit facility from the suppliers, who are paid on 14-day terms. Customers payments vary from COD to 14 days. To grow, the purchaser will need access to short-term finance to fund working capital.
The business is housed in a CC and has loans of approximately R600,000.
If the purchaser takes these over then a cash outlay of only R350k will be required.
