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CAFE AND FOOD PRODUCTION
R 1,650,000
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23 days ago69 views
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Description
Description
Lovely quaint “ Café “ set in up market residential area
In Southern Suburbs
High demand for sought after delicacies which include
Frozen dumplings (For the retail and local community)
Got an existing retail client base and busy social and “ online clients” !!!
Well fitted and ready to grow.
High demand for “frozen foods" which is produced and sold on site.
“Awesome Brand “
Turnover around 200K/ Month
Netting 60 – 70K per month
Rental 10K/Month (Long lease)
6 Staff with +/- 30K/ payroll
Asset value 200K
Closed on Sundays ( 10am – 9pm)
Price 1.650M Plus Stock!!!
Please call Joe @ 072 599 8097
Or joe@donedealbrokers.co.za
Id Subtitle 1279852295
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Done Deal Brokers
Selling for 3+ years
Total Ads777
Active Ads32
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The final price will be determined by including the actual value of stock as at take-over date
GENERAL INFORMATION
This long established manufacturer offers an array of sustainable masonry products such as bricks, blocks, maxis, bond paving and interlocking pavers. Their highly sustainable cement products are made to standard specifications.
PRODUCTION CAPACITY
Production capacity is 130 000 bricks or 70 000 pavers or 1 500 pallets of hollow blocks per 9 hour shift (depending on product size).
FINANCIAL INFORMATION
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, operating expenses and owners costs. The EBITDO has been based on the financials provided for the year ended 28 February 2022/23 and extracted from the audited financials and management accounts.
Turnover: R 1 667 000 per month
EBITDO (Owner’sProfit): R 200k to R250k per month
Annual Return: 14 to 18 % per annum
No. of Staff: 76
Years Established: Over 30 years
REASON FOR SELLING
Owner is retiring.
POTENTIAL
This well-managed business is highly respected and known for quality products and service.
The production facilities can double the output - without the constraints of load-shedding!
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This opportunity is also suitable for a corporate entity seeking to expand their offering in an Allied industry.
PROOF OF FUNDING REQUIREMENT
Interested parties MUST be able to demonstrate that they have access to the required funds to finance a cash transaction purchase.
CONFIDENTIALITY
ADDITIONAL DETAILS WILL ONLY BE PROVIDED BY THE APPOINTED BROKER SUBJECT TO SIGNING A CONFIDENTIALITY AGREEMENT (NDA), COMPLETING A BUYER PROFILE FORM AND SUBMITTING THE REQUIRED FORMS TO THE BROKER, FOR THE SELLERS APPROVAL.
Summary from this LINK:
https://fairbro.co.za/.cm4all/uproc.php/0/Business%20Listings/Bri112-0_Website_Summary-Brick_Manufacture-2023-05-30.pdf?cdp=a&_=188761fe94f
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