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Thriving Avocado Business In George For Sale

George, Western Cape, South Africa
Asking Price:
R2,650,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R1.5M - R3M
Cash Flow:
Under R100K

Established Brand:
Has built a strong reputation in the market with over 1500 loyal customers in the Garden Route and a footprint of over 2000 in Gauteng.

Strong Online Presence:
With over 8,000 Facebook followers and a robust online presence, it provides ample opportunities for customer engagement and brand promotion.

Consistent Sales:
Consistently sells an average of 1500 kg of avocados per week, showcasing steady demand and profitability.

Diverse Customer Base:
Caters to a diverse customer base, including renowned restaurants and various pizza and sushi establishments.

Scalable Operations:
With a continuous supply agreement with farming operations, we are poised for expansion into various provinces across South Africa, offering scalability and growth potential.

Turnkey Opportunity offers a turnkey business opportunity with existing operations, customer base, and supply chain in place, providing a seamless transition for new owners.

Property Information

Real Estate:

Lease

Lease Terms:

The lease for Avofit's premises is renewable annually, with the option to extend to a two-year lease term.

Leasehold Rent:

R103,000 per annum

Location:

Central location in George, along the Garden Route, acts as a key hub for avocado lovers from Plettenberg Bay to Mossel Bay. Surrounded by the area's natural splendor, the location provides convenient access to charming coastal towns. Whether you're in Plettenberg Bay, Knysna, Wilderness, Mossel Bay, or even Sedgefield, is your ultimate stop for top-quality avocados and outstanding service. Plus, with pickup points available in Mossel Bay and Sedgefield.

Premises Details:

Retail space in the 4th Street Mall caters to our valued retail customers, providing a convenient and welcoming environment to explore our range of premium avocados. Additionally, we have secured cold room space nearby, dedicated to storing the bulk of our avocados. This strategic setup ensures that our avocados remain fresh and of the highest quality, ready to be delivered to our retail location and to customers' doorsteps with utmost freshness and convenience

Size in square feet:
68

Business Operation

Expansion Potential:

Expanding Avofit presents several opportunities for growth and development:

Geographic Expansion:
Avofit can explore expanding its operations to new regions within South Africa. Targeting areas beyond the Garden Route, such as other provinces or major cities, could tap into additional markets and customer bases.

Online Sales:
Enhancing the online presence and e-commerce capabilities of Avofit can open up opportunities for reaching customers beyond its physical location. Investing in a user-friendly website, online ordering system, and nationwide delivery services can facilitate access to a broader audience.

Wholesale Partnerships:
Establishing partnerships with wholesalers, retailers, and restaurants can enable Avofit to distribute its products on a larger scale. Bulk sales to supermarkets, health food stores, and restaurants can increase brand visibility and sales volume.

Product Diversification:
Introducing new avocado-based products or expanding the product line to include complementary items can attract a wider range of customers and increase revenue streams. Considerations may include avocado-based spreads, sauces, skincare products, or ready-to-eat meals.

Export Opportunities:
Exploring opportunities to export avocados or avocado products to international markets can diversify revenue streams and leverage South Africa's reputation for producing high-quality avocados. Researching export regulations, market demand, and distribution channels is essential for successful international expansion.

Vertical Integration:
Vertical integration into avocado cultivation, processing, or packaging operations can streamline supply chains, reduce costs, and ensure quality control. Investing in avocado farms or establishing partnerships with local growers can secure a consistent supply of fresh avocados for Avofit's operations.

Competition / Market:

As the market for avocados in South Africa becomes increasingly saturated with numerous players,needs to continually innovate and differentiate its product offerings to stay competitive. Their unique products like Pickled Avocados and Avocado Chocolate & Honey Mousse are examples of such innovation, but maintaining this edge requires constant development and response to consumer trends.

Reasons for selling:

The reason for selling Avofit is that the owners are emigrating.

Trading hours:

Mon to Fri 09h00 to 17h00
Saturday - 09h00 to 13h00
Sunday - Closed

Employees:
3
Years established:
5

Other Information

Support & training:

Avofit is committed to providing comprehensive support and training to ensure a smooth transition for the prospective buyer. Our support package may include:

Operational Training:
Hands-on training sessions covering all aspects of running the business, including inventory management, customer service protocols, marketing strategies, and day-to-day operations.

Supplier and Vendor Relationships:
Assistance in transferring existing supplier relationships and vendor agreements, as well as guidance on sourcing new suppliers if needed.

Marketing and Branding Support:
Guidance on maintaining and enhancing the Avofit brand identity, along with strategies for marketing the business to attract and retain customers.

Transition Period Support:
Provision of ongoing support during the transition period, including access to key personnel, continued communication, and troubleshooting assistance as needed.

Documentation and Legal Support:
Assistance with the transfer of licenses, permits, leases, and other legal documentation necessary for the operation of the business.

Follow-Up Support:
Availability for follow-up consultations and support to address any questions or concerns that may arise after the sale.

Furniture / Fixtures value:
R255,000 - included in the asking price
Inventory / Stock value:
R100,000 - included in the asking price
Website:
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Relocatable:
This business can be relocated.