Become an owner in the fast growing industry of energy bars by buying an existing established busine
64
Ref. No - BFS00139
South Africa, Western CapeRef. No - BFS00139
Sector - Food
Summary
The owner of this business has meticulously over 40 years built this business up but wishes to retire now and is looking for a young enthusiastic entrepreneur that can take this business now to the next level
Give me more informationFully describe the business's activities?
The 7 staff complement are all well trained and skilled in their respective positions and will all be prepared to stay on and assist a new owner with the same enthusiasm as presently
The energy bars manufactured are a very healthy alternative to meals and the gourmet flavors presented have been well researched according to consumer needs
The energy bars are also gluten free and vegan with premium ingredients to address that market as well
The business is situated in an upmarket well known industrial area which has access to the main national roads
The owner also wishes to sell the well maintained building which has been made fit for purpose for manufacturing of the energy bars- the price for the business is R4,2 million (negotiable)
How long has the business been established?
40 years
Is the business VAT Registered?
Yes the business is VAT registered
AFS are available upon request
Averages for the last 3 years are- Turnover over R2 million, COS of 37% and GP of 63%
The average NP for the last 3 years are R360,000 per annum
SELLING PRICE R990,000
How many employees?
7
How involved is the Owner in running the business?
Full Time
What is the reason for the sale?
Retiring
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