Very Profitable Retail and Manufacturing Business
About this business for saleVery Profitable Retail and Manufacturing Business
The business was started in 2000 by the current owner and comprises a food manufacturing and packaging plant and two retail outlets.
The factory and packaging area is very neat and organized and the shops are also neat with lovely displays. Both shops are situated in busy main roads and very visible.
The business is well known for excellent quality products selling at competitive prices. The business is well supported by the locals and not particularly dependent on holiday makers although the turnover does increase during the holiday season.
This is a fantastic opportunity and a well-established business at an excellent price!
The price of R 2 970 000 plus stock ± R 480 000 results in a ROI of 47% which is excellent for a business that has been established for 14 years and still growing!
Asking price exclude VAT.
+27 83 226 9017
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.