Summary
Established over 20 years ago, this leading South African animal feed business has earned a strong reputation for delivering innovative, research-driven nutritional solutions. Backed by an experienced team of 50 staff members, the business offers significant growth potential, a loyal and diversified customer base, owned premises, and full training and transition support from the retiring owner.
Give me more informationFully describe the business's activities?
The owners started this business over 20 years ago, and built the business up to one of the leading animal feed businesses in the research and supply of animal feed in SA, supported by 50 competent and experienced staff members
It started small by distributing a range of amino acid complexes, and since then they strive to be at the forefront of animal science and nutrition, with the goal of optimizing animal nutritional status and well being
They use global knowledge , strengthened by local research and expertise to produce animal feed for the future
Each customer unique needs are identified, and they pride themselves in providing accurate information to each client’s specific production systems, thereby enabling the clients to optimize their productivity
They are involved with various international exchange programs, and thereby exposing students here in SA to various research studies undertaken in the animal feeding sphere
The owners, as a result of their successful business, were able to purchase the buildings where the business is operated from, as more fully described below
The growth potential for the business lies in the dairy, beef, pork and sheep feed industries
The business is not over reliant on one single supplier or customer which is a plus point when a new buyer continues with the business
The reason for selling is that the owner is at retirement age, but is prepared to assist a new owner with full training- there are internal staff identified that can assist a new owner at management level
How long has the business been established?
Over 20 years
Is the business VAT Registered?
Yes
The EBITDA is calculated at R39,645,582- the calculation of the EBITDA can be explained to a proposed buyer
Selling price
R200 million which includes R212 million in current assets, R72 million in liabilities and the property valued at R27,5 million
When does the current lease end?
THe owners own the property which is part of the selling price
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