Property Description
ABOUT THIS BUSINESS: The top butchery in the area by far! Well established over a period of 8 years. A local business located at the most perfect setting and hugely successful.
OPERATIONS: Owner operated with excellent management and loyal staff (35).
REASON FOR SELLING: Retirement.
SCALABILITY: Massive market to grow and expand.
PREMISES: Leased at below market value. (700sqm)
TRANSACTION: Cash buyers only to enquire. (No seller finance)
ACQUISITION VALUE:
SELLING PRICE: R15m (excluding stock) as a going concern
STOCK VALUE: R2m (estimated)
TOTAL ACQUISITION VALUE (INCLUDING STOCK): R16,5m
PROFITABILITY:(*2024 AFS)
ANNUAL TURNOVER: R57m
AVERAGE MONTHLY TURNOVER : R4,5m
NET PROFIT (EBITDA) PER ANNUM: R4,3m
NET PROFIT (EBITDA) PER MONTH: R365,000
INVESTMENT RETURNS:(EXCLUDING STOCK)
PE RATIO: 2.9
ROI(RETURN ON INVESTMENT): 29%
MPB(MONTH’S PAY BACK: 34
ASSETS:
MARKET VALUE: R1,5m
ASSET VALUE RATIO TO SELLING PRICE: 8%
