Specialist Fruit and Vegetable Retail Store – Port Alfred
About this business for saleSpecialist Fruit and Vegetable Retail Store – Port Alfred
This busy, profitable, well located business was established 6 years ago and operates from an inviting store with plenty of parking.
The business specialises in the sale of high quality fresh fruit and vegetables, (including cut and packed) both in store as well as supplying and delivering to the lion’s share of local businesses including hotels, restaurants, the university, game lodges, coffee shops, clubs and guest houses, bed and breakfasts etc.
There are a number of opportunities to further increase business by extending operating hours as well as offering a diversified product range.
The owners offer a friendly professional service and are well supported by seven well trained full time employees and two temps. They provide a wonderful service to the community and the Sunshine Coast.
The business operates from leased premises and the current lease is due for renewal in December 2017. The relationship with the landlord is excellent.
The owner wants to retire which creates a perfect opportunity for a serious buyer looking to acquire a well-established and profitable business in this sought after retirement and holiday destination.
The business has an annual net profit (EBPIDT) of approximately R620,231 and offers a return on investment of 31%.
The asking price is R2,000,000 excluding VAT and Stock
For more information on this great opportunity, please contact the Listing Broker –
Neville Loader (071 327 5916)