Ref. No - BFS11016
South Africa, Western CapeRef. No - BFS11016
Sector - Manufacturing
Summary
This South African business, which has grown over 31 years from a small idea to an exporter serving 27 countries, offers unique products in the animal feeding, fertilizer, and organic materials sectors. The owner has received the "Entrepreneur of the Year" award twice. The operation can be run from its current location or relocated, with all necessary licenses in place. The well-trained staff ensures reliable management.
Give me more informationBackground and History
This business which started with an idea and small beginnings, escalated over 31 years into a South African business that exports to 27 countries at present (and growing)
The product offerings are unique worldwide and as a result the owner of the business was awarded the nationwide “Entrepreneur of the Year” award twice in the past
The products offered varies in the animal feeding/fertilizer/organic material sectors and manufactured locally and then distributed locally or exported overseas
The whole manufacturing business can be operated from the existing premises and managed from the premises or remotely, or the business can be moved if a buyer chooses to do that
All the licenses to operate the business are in place and will be available to a buyer
The staff at the business premises are well trained and very dependable
Products and Services
The business manufactures equipment for the agri sector according to clients needs
The business is already exporting to 27 overseas countries at present with huge potential to expand
Assets
R1,9 million including equipment and vehicle
Stock is presently around R10 million, but it will depend on orders at date of takeover by a buyer
Employees
10 staff members including a manager
Financials and Forecasts
Average turnover R11 million/per annum
Cost of sales 67%
GP 32%
Average NP (EBITDA) R2,6 million per annum
Reason for Sale
Owner is retiring
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