Filters
LocationSouth Africa, Free State

Sector - Food

Asking Price
R2,300,000
Monthly Profit
R 61,392
Asset Value
R 1,790,523
Stock Value
R 200,000
Yearly Net Profit
R 429,745

Summary

Give me more information

Fully describe the business's activities?

This is an established growing wholesale meat business in Bloemfontein and the surrounding areas. We supply mid-range products to any retailers for example Econo Foods. Due to massive increase in the sales of all our biltong products we are currently in the process of expanding our dehydrated capacities as well as extending the manufacturing, distribution of peanuts, dehydrated vegetables and dried fruits. We buy in bulk, do all of the manufacturing, packaging and deliveries to the consumers.

How does the business operate on a daily basis?

We specialise in mid-range products, wors, mince and patties (on the day) production.
We buy in bulk, does all of the manufacturing, packaging and deliveries to the consumers.

What competition exists?

There is not a lot of competition because off the unique midrange products that we manufacture and supply.

How could the profitability of the business be improved?

Extending the freezer space
Enlarging the logistic capacity
Mechanisation

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

All staff members are appointed as general workers.
The operations manager, admin/HR can continue the management of the business.
Staff are well established and trained

Do any have management potential?

Production, Admin and HR managers

How involved is the Owner in running the business?

50/50 Partnership
One partner is 100% involved on a daily basis
One partner is a silent partner

When does the current lease end?

The current lease ends in February 2021

What are the trading hours?

Monday to Friday 08:00 - 17:00
Saturday : 08:00 - 13:00

What are the main assets of the business?

The equipment R1 000 000.00 and Goodwill

Strengths?

Very good established business and well known by many retailers in the business
Very large clientele
Very well established infrastructure

Weaknesses?

The business is located is a quite and crime free area, that leads to not many walk in clients

Opportunities?

Our unique mid-range product has only been subjected to Bloemfontein and nearby surrounding areas. Market can be extended to the whole of South Africa.

Threats?

Economical downswing

What is the reason for the sale?

Retirement

Location

Contact | Enquire

Pierre

Pierre De Klerk

LocationSouth Africa, Free State

Preferred method of contact

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