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LocationSouth Africa, Northern Cape

Sector - Sales & Services

Asking Price
R22,000,000
Monthly Profit
R 192,279
Asset Value
R 13,945,663
Stock Value
R 0
Yearly Net Profit
R 2,307,345

Summary

Local and Export Certified Supplier to Trade

Give me more information

Fully describe the business's activities?

This is a Nursery on 11 hectares that provides Certified Citrus Trees and Rootstock Blackspot and Greening Free Trees to farmers and industry, both locally and for export market. The nursery also has a consumer facing retail area that includes a coffee shop and garden area. The current assets is valued R14,1m and stock is currently at R17,0m. The owner is willing to structure a 50% payment agreement with the right buyer.

How does the business operate on a daily basis?

All commercial recommended citrus varieties are propagated from certified plant material produced from the citrus foundation block, these are grown from seeds over an 18 month cycle and provided to clients in local market as well as exports

What Advertising/Marketing is carried out?

The process of taking product to market is through existing channels, including direct and indirect contact, stock agreements and stock availability against enquiries in the market.

What competition exists?

There are other Citrus providers in the market

How could the profitability of the business be improved?

Capacity increases

Do any have management potential?

There are managers in place

How involved is the Owner in running the business?

The owner has a hands-on approach to the business

When does the current lease end?

The current owner indicated that lease agreements will continue at same terms as is currently in place

What are the main assets of the business?

The main assets of the business are related to greenhouses, irrigation and nursery equipment total asset value at R14,1m

Strengths?

Well established, long history, well maintained

Weaknesses?

Seasonal, this is countered through other produce during off season

Opportunities?

Capacity increases

Threats?

Weather, Diseases and Market Dynamics

What is the reason for the sale?

Owner wishes to focus on other business ventures

Location

Contact | Enquire

Deon

Deon van Tonder

LocationSouth Africa, Gauteng

Preferred method of contact

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