Property Description
ABOUT THIS BUSINESS: Highly successful wholesale and retail fruit & veg business trading for more than 12 years profitably.
OPERATIONS: Owner managed with 13 excellent, loyal staff.
REASON FOR SELLING: Retirement.
SCALABILITY: Massive market to grow and expand to neighbouring towns.
PREMISES: Leased.
TRANSACTION: Cash buyers only to enquire. (No seller finance)
ACQUISITION VALUE:
SELLING PRICE: R1,895m as a going concern (excl.VAT)
STOCK VALUE: R52,000.00 (estimated)
TOTAL ACQUISITION VALUE (INCLUDING STOCK): R1,947m
PROFITABILITY:
ANNUAL TURNOVER: R6,2m (past 12 months)
AVERAGE MONTHLY TURNOVER : R521,000
NET PROFIT (EBITDA) PER ANNUM: R681,000
NET PROFIT (EBITDA) PER MONTH: R56,000
INVESTMENT RETURNS:(EXCLUDING STOCK)
PE RATIO: 2.8
ROI(RETURN OF INVESTMENT): 36%
MPB(MONTH’S PAY BACK): 24
ASSETS:
MARKET VALUE: R1,35,
ASSET VALUE RATIO TO SELLING PRICE: 72%
