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Confectionery Businesses For Sale In The U I T E N H A G E / D E S P A T C H Area.

R 2,200,000

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The confectionery Business that provides freshly baked specialty cakes and deli products with mouth watering “cocktails”, is available at R 2’200’000-00 plus stockThis unique style confectionery is primarily based in the heart of an Eastern Cape Town (U i t e n h a g e / D e s p a t c h area) and thereby facilitating freshly specialty baked cakes and Deli products to regularly supply its customer base. They bake specialty cakes and also supply SPAR’s with their products. The founders of the business started the business many years ago and are also well known in the catering industry for catering to the local community. Customers can browse their range of deli products and freshly baked specialty cakes, also with mouth watering “cocktails” available. The business is fully staffed each being capable of overlapping job functions.The business is profitableAverage sales 2023 R 3,119,711.00GP average - 60.32 % R 1,881,809.68Total Expenses R 1,214,176.20profit/loss R 667,633.48Monthly average Operating Profit R 55,636.12The operating profit is ± R 667’633.48 per annum, ( ± R 55’636.12 pm), {{ EBPIDT <> Earnings before Proprietors Income, Wages or drawings, Interest, Depreciation, and Taxes }}.This profitable business with a market related R O I (return on investment) from the business of ± 30.3469 %, calculated on the business selling price for an amount of R 2’200’000-00.The asset value included in the sale is ± R 825 302.52Any new buyer who is the owner of a business that provides a R O I of 30.3469 %, from his business purchase investment, will be able to recoup his business capital investment in ± 30 / 31 months, which is a very favorable positive time period, to recoup a business purchase investment.The Seller will provide the new business owner with a 12 Month to Month Income statement, (Sales less Cost of Sales = Gross Profit less Business Expenses = Monthly Operating Profit).The Business sales increased from year to year: 2021 > 2022 > 2023.The business operates within the normal 5½ days, business hours as opposed to a 7 day week from early to late, (service stations, branded supermarkets, etc, etc) and the new business owner will be able to enter into a 3 year Lease Agreement with the LandlordThe management accounts / financial information will be available, subject to the Seller’s terms and conditions.Contact: G e r t S t r y d o mi b m b r o k e r s @ g m a i l . c o m072 179 4372

1mo

Port Elizabeth

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"cakes" in Port Elizabeth

cakes in Port Elizabeth (60 results)

Results for cakes in All Categories in Port Elizabeth