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Top Company Producing Specialised Pre-mixes For Baking Products For Sale

Johannesburg, Gauteng, South Africa
Asking Price:
R15,000,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

This top Company produces pre-mixes for Artisan Breads, Rolls, Cakes and Muffins including blending their mixtures from the scratch, to packing them and delivering to their customers. They also place their own specially trained Bakers in the various kitchens of their Supermarket and other Chain Store customers, and pay their Salaries as well, as long as the customer continues buying mostly their products. At this point they have placed 75 Bakers in various stores. They now produce 450 to 500 bags of various Pre-mixes per day! Having said that there is a huge opportunity to increase their range of products as well as increasing the amount of bags produced per day. When the present owner took over the business 2 years ago the business was doing R700k Incl. Vat, turnover per month. Twenty four months later, they are now doing an average Turnover of R2.4m Incl. Vat, per month! A brilliant company that pays its suppliers COD, does not owe any money, and has cash in their Bank Account.
A well run and profitable company being sold at a market related price, owing to health issues. A gem of business that should not be missed!!

Property Information

Real Estate:

Lease

Location:

Well located in the Johannesburg area.

Premises Details:

Factory Warehouse space, with parking area for their delivery vehicles.

Business Operation

Reasons for selling:

The business is being sold owing to the owner's health issues.

Trading hours:

The Factory works a 5 day week, as does the owner.

Employees:
they employ a Total of 10 employees in their factory, including 2 Managers and a full time Health Supervisor, and currently have 75 specially trained Bakers placed in their customers' kitchens, on their pay roll.
Years established:
The business is just over 7 years old, with the present owner having had the business for 2 years.

Other Information

Support & training:

The owner will stay on for a period to be negotiated to enable a smooth transition from him to the new owner.

Furniture / Fixtures value:
R3,000,000 - included in the asking price
Inventory / Stock value:
R2,300,000