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R 11,000,000
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The asking price is based on Selling 51% of the business.
The total value is R21 million.
THE OFFERING -
The Founder and Shareholder would like to retire within the next year or two.
To achieve this, he is prepared to initially sell a controlling shareholding (from 51% and above) and structure an agreement to sell all of his shares over a negotiated period.
The asking price depends on the actual % shareholding to be acquired by the Buyer – The total includes fixed assets valued at R2,5 million and stock of R7million.
The Negotiated final price will be determined by the final value of stock on hand as at take-over date, adjusting for other assets and liabilities.
BRIEF OVERVIEW -
The business was started in 1997, primarily to service the agricultural industry with new technology in the area of farming practices, initially in the Western Cape. They were also involved in pioneering purpose machinery, by developing methods to apply the practical technology on farms. They followed up and built an internationally renowned Harrow under licence from Australia.
The business stayed up to date and informed on best farming practices as the zero till technologies have developed over time, adding in their own product line best suited to the harsh soil conditions of the Western Cape. They have taken many products through their R&D development phase right up to a successful production line and the well-recognized brand, that stands for affordable, quality and longevity.
Being solution orientated, their products are continuously reviewed and improved as market feedback is received. They have recently been approached with new concepts in the mining industry and the company and the founder managed to turn the concept into a functioning product, that has been patented world wide. (The next step is negotiating a manufacturing contract with this company in order to manufacture their product or parts thereof).
FINANCIAL INFORMATION -
ANNUAL EBIDTA - R3,850,000 to R4,200,900
Detailed
financials will be made available to approved buyers in terms of the signed confidentiality agreement (NDA) and all the information can be verified.
The financial information reflected above is based on Turnover, gross profit and EBIDTA extracted from the 2023 Management Accounts. The SWOT ANALYSIS and detailed notes regarding 2023, will be provided in the evaluation pack that is available subject to approved buyers in terms of the signed NDA. POTENTIAL -
The Seller is prepared to initially dispose up to a 51% (or higher) controlling interest; to either an individual or a corporate , that probably operates in a similar industry.
They are well positioned to go through a phenomenal growth phase in the next few years.
REASON
FOR SELLING - Retirement within two years
Further details can be viewed here. https://fairbro.co.za/BUSINESSES-FOR-SALE/
9h
25
R 2,200,000
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This beautifully renovated Suurbraak home has come up on the market. A hand made stained glass insert Oregan pine door welcomes you into the entrance. There is original wooden flooring in the front of the house. It has three spacious bedrooms (two with built-in cupboards) and two bathrooms. One of which is ensuite. There is a lounge and large dining room and leading off to the side is an open plan country kitchen. Both the lounge and dining room have fireplaces.Out through the glass doors and over the back stoep is the large garden. It has more than enough room for self sustaining farming and there is plenty of water. There are established almond, lemon, avocado and other fruit trees. Beds of strawberries, lettuce, gooseberries and a plethora of delicious fare. The garage is an extra length double garage with a workshop area, also plumbed for the laundry. There is a carport and caravan port. The erf is walled at the front and fenced on three sides.# Office / Study: 1# Parking: 2Rates And Taxes: 490Property Reference #: ENT9002494Agent Details:Glen Van RooyenKW Eden2 Joubert Plaza C/o Meade & Market Str, George Central, George, Western Cape, 6530
16h
20
R 8,500,000
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A good investment opportunity awaits! This 559-hectare farm is well located at the Breede River.The farm offers 160ha of crop farming and 16oha of grazing.Water supply has its source from the mountain spring with pipelines to the various camps. Infrastructure comprises two worker cottages and a shed.Property Reference #: RL92220Agent Details:Roger LawrenceJawitz Properties8 Swellengrebel StreetSwellendam
3mo
23
R 12,750,000
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This 466-ha farm is well located at Malgas with an abundance of possibilities for commercialfarming or a lifestyle farm.A great opportunity exists to create something special such as a lifestyle recreationallocation, livestock, or crop farming; or to use as a small game farm.It has a huge dam for additional water supply in addition to water supplied from the BreedeRiver.230ha of the area is viable productive land for planting lucerne, corn, or barley.A portion of the land is under lease generating an income of R220,000 per annum.Solar system and Eskom pay-as-you-go supply its energy requirements.The neat 3 bedroom, 2 bathrooms North facing homestead offers stunning views across themajestic Breede River and countryside.It also has a 2 bedroom, Park home cottage for extra private accommodation.A huge shed provides adequate storage and parking for a light aircraft. A well-maintainedhothouse is used for growing vegetables.The property is sold partially furnished with certain implements.Dont miss such an opportunity to acquire this unique farm and riverside property in thegrowing area of Malgas along the popular Breede River.Property Reference #: RL82494Agent Details:Roger LawrenceJawitz Properties8 Swellengrebel StreetSwellendam
3mo
25
R 2,200,000
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This beautifully renovated Suurbraak home has come up on the market. A hand made stained glass insert Oregan pine door welcomes you into the entrance. There is original wooden flooring in the front of the house. It has three spacious bedrooms (two with built-in cupboards) and two bathrooms. One of which is ensuite. There is a lounge and large dining room and leading off to the side is an open plan country kitchen. Both the lounge and dining room have fireplaces.Out through the glass doors and over the back stoep is the large garden. It has more than enough room for self sustaining farming and there is plenty of water. There are established almond, lemon, avocado and other fruit trees. Beds of strawberries, lettuce, gooseberries and a plethora of delicious fare. The garage is an extra length double garage with a workshop area, also plumbed for the laundry. There is a carport and caravan port. The erf is walled at the front and fenced on three sides.# Office / Study: 1# Parking: 2Rates And Taxes: 490Property Reference #: ENT0230588Agent Details:Sue GrantKW Eden2 Joubert Plaza C/o Meade & Market Str, George Central, George, Western Cape, 6530
5mo
15
R 7,450,000
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Alula farm stall is situated on the N2 between Stormsvlei and Swellendam. A great business opportunity on a busy route between the Garden Route and Cape Town. The property which the farmstall is situated on is 268Ha on the beautiful mountain side. With game such as, Springbuck, Sable, Zebra, Eland and Ostriches. The farmstall is beautifully furnished and finished with a fully licensed bar, kitchen and a woodfire pizza oven. This property is totally off the grid with a 10kva solar system and fully equipped bore holes ( 4000 liters per hour ) and 2 storages dams holding 232 000 liters of water.On the mountain is a shed, 3 wendy houses, 3 quad bikes and a 100m zip line.# Entrance Hall: 1Temperature Control: FireplaceSecurity Features: Fence, Access GateProperty Reference #: 3584521Agent Details:Kobus GagianoDurban South Chas Everitt10 Voortrek StreetSwellendam6740
1y
25
R 320,000,000
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Embark on a thriving venture with this expansive farm spanning 3352.0723 hectares, presenting a rare chance to step into a flourishing enterprise.Location: Swellendam, Western Cape, South AfricaTotal Hectares: 3352.0723Total Irrigation: 300 hectaresTotal Dry Lands: 1850 hectaresThis farm is being sold as a going concern.BUILDINGS:2x 4-bedroom houses1x 6-bedroom main house with a pool1x 3-bedroom house1x 1-bedroom flat24 workers housesCURRENT LIVESTOCK:Jersey cowsSantasDohne sheepMeatmastersMoveables Value: Approximately R43 millionLivestock Value: Approximately R31 millionIrrigation System: State-of-the-art, covering 300 hectaresPrecision Agriculture: Meticulous allocation of resources for maximum efficiency and yieldWorkers Community: 24 thoughtfully constructed workers housesInnovation: Beacon of technology in South African agricultureAnimal Care: Meticulous attention to Jersey cows, Santas, Dohne sheep, and MeatmastersSustainability: A testament to agricultural ingenuity and sustainable practices in a picturesque landscape of the Western Cape.WATCH THE VIDEO!!!For details regarding the sale of this business as a going concern, kindly reach out to the designated agents.Has PoolProperty Reference #: RL5243Agent Details:Gail BothaHome and Hectare43B - 6th AvenueWalmerPort Elizabeth6070
1mo
5
6mo
4
6mo
4
R 800,000
NEGOTIABLE
SavedSave
2007
6mo
3
6mo
3
6mo
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