Ref. No - BFS11102
South Africa, Western CapeRef. No - BFS11102
Sector - Retail
Summary
This business forms part of the fastest growing sector of the liquor industry ie the gin sector
What makes this business unique is that it offers more than the selling of gin, but also includes training, tasting, workshops, etc.
Give me more informationBackground and History
This business forms part of the fastest growing sector of the liquor industry ie the gin sector
What makes this business unique is that it offers more than the selling of gin, but also includes training, tasting, workshops, etc
This is all done in a consumer friendly centre which is adjacent to a well known frequently visited market by both local/national/international visitors
The existing owners wish to still have a % share in the business (the % share can be agreed upon)- the selling price will thus be determined according to the shares bought/sold
The existing owners would like to sublease a portion of the gin centre for the production of their own product (not competition for the gin)- this product will be sold via the gin centre
Products and Services
Manufacturing and selling of gin, including relevant training/tasting/workshops etc
Assets
Value plus minus R600,000
Employees
4
Financials and Forecasts
The turnover is +/- R1,6 million per annum, cost of sales +/- R135,000, with an average NP (EBITDA) of R600,000
Reason for Sale
The owners do not want to sell all their shares in the Pty Ltd but wishes to keep a % share in the business as agreed between the parties
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