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Well-Known Wholesale Bakery in Cape Town City Bowl
R 1,990,000
Reason for Reporting
A well-known wholesale bakery in Cape Town City Bowl has become available. The business is centrally located with an established brand, and supplies mostly to the hospitality industry. Experienced staff and well-maintained equipment are in place. Additionally, the business has an online presence that can be expanded and utilised to tap into new markets, providing fantastic opportunities for growth.
Location: City Bowl, Cape Town
History: In business for over 15 years
Reason for sale: Owner moved to Karoo, full-time farming
Inventory: +/- R 50 000
Turnover: +/- R 2 460 000 p/a
Gross Profit: +/- R 1 800 000 p/a
Discretionary Income: +/- R 425 000 p/a
Selling Price: R 1 990 000 (excluding inventory)
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