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Specialist Fruit and Vegetable Retail Store – Port Alfred

R2,300,000Port AlfredListing: #ET00032


Port Alfred businesses for sale 


R2,300,000

Retail businesses for sale
Food/Beverage businesses for sale, Port Alfred
$824,569


About this business for sale

Specialist 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 R824,569 and offers a return on investment of 36%.

The asking price is R2,300,000 excluding VAT and Stock

For more information on this great opportunity, please contact the Listing Broker –                                         

Neville Loader (071 327 5916)

East London
neville.loader@linkbusiness.co.za
Mobile Only
071 327 5916

Neville Loader