Property Description
ABOUT THIS BUSINESS: Awesome ice supply business operating successfully and profitably for >8 years.
OPERATIONS: Owner managed with excellent staff.
REASON FOR SELLING: Retirement.
SCALABILITY: Massive market to grow and expand.
PREMISES: Leased.
TRANSACTION: Cash buyers only to enquire. (No seller finance)
ACQUISITION VALUE:
SELLING PRICE: R3,450,000.00 as a going concern (plus VAT or 0% rated)
STOCK VALUE: R20,000.00 (estimated)
TOTAL ACQUISITION VALUE (INCLUDING STOCK): R3,470,000.00
INVESTMENT RETURNS:(EXCLUDING STOCK)
PE RATIO: 3.3
ROI(RETURN OF INVESTMENT): 30%
MPB(MONTH’S PAY BACK): 40
ASSETS:
MARKET VALUE: R410,000.00
ASSET VALUE RATIO TO SELLING PRICE: 11,9%
PROFITABILITY:
ANNUAL TURNOVER: R3 214,890.00 (2025)
AVERAGE MONTHLY TURNOVER : R267,907.00
NET PROFIT (EBITDA) PER ANNUM: R1 043 106.00
NET PROFIT (EBITDA) PER MONTH: R86,925.00