Confidential
23
Ref. No - BFS00204
South Africa, Western CapeRef. No - BFS00204
Sector - Manufacturing
Summary
Give me more informationFully describe the business's activities?
Fully licensed Medical Cannabis grow facility, with local and export licenses
How long has the business been established?
2 years
Is the business VAT Registered?
Vat registered. Monthly production pre-sold with offtake agreements, and more waiting for expansion.
Productio cost R350 000 pm Sales R700 000 pm
How many employees?
3 including registered Pharmacist
How involved is the Owner in running the business?
Vewry little due to automation
When does the current lease end?
2030
Is there an option of renewal & what period?
4 years with option for 5 more
Do you require a licence?
Business has 22C license valid for 4.5 years - can be renewed
What is the reason for the sale?
Group has too many growing busineses to look after
Why is this a good business?
I would value the business at R12-R16 million. Current production all pre-sold.New customers waiting, and licence and premises available for expansion.
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