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LocationSouth Africa, Western Cape

Sector - Food

Asking Price
R7,500,000
Monthly Profit
R 203,011
Asset Value
R 12,971,855
Stock Value
R 2,500,000
Yearly Net Profit
R 2,436,128

Summary

Distributes a wide range of cold and dry food and packaging products. Sale comprises package: business, stock, premises.

Give me more information

Fully describe the business's activities?

Distribution of a wide range of cold and dry food and packaging products, primarily into the hospitality industry.

How does the business operate on a daily basis?

The business operates from a warehouse with distribution through a fleet of temperature controlled vehicles. Customers can also purchase directly from the warehouse.

What Advertising/Marketing is carried out?

There is a comprehensive website; social media platforms; regional radio.

What competition exists?

There are two other distributors operating in the region.

Give a breakdown of staff/ functions/ length of service?

Full details of the staff compliment, conditions of service etc will be made available to qualified buyers.

Do any have management potential?

Yes.

How involved is the Owner in running the business?

Full time. There is a manager who runs the day-to-day operations.

When does the current lease end?

The business owners also own the premises which are for sale at R4.3m. The premises comprise of two warehouses with refrigeration, freezer and office space.

What are the trading hours?

Monday to Friday, 08h00 to 17h00. Saturday 08h00 to 12h00.

What are the main assets of the business?

Vehicles, furniture & fittings, computer equipment, office equipment.

Strengths?

Main distributor in the region. Established client base. Good reputation for quality products and reliable service. Good financial systems and controls.

Weaknesses?

In high season the warehouse is not large enough, requiring additional space to be hired.

Opportunities?

Utilise the vehicle fleet for other transport services during low seasons e.g. removals, other deliveries, courier services.

Threats?

Impact on the hospitality industry from Covid-19 is difficult to predict.

What is the reason for the sale?

One of the owners has serious health issues and can no longer be active in the business.

Location

Contact | Enquire

Rodney

Rodney Willoughby

LocationSouth Africa, Western Cape

Preferred method of contact

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