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  Butchery - Family Run  

 

PROFILE    
Description:    Family owned retail butchery, well established and well run. Serves a constantly growing and loyal niche market selling only antibiotic and hormone free, free range meat products with no MSG, gluten or preservatives. Conforms to the highest industry standards with the public safeguard of regular independent audit verification. Financial information fully supported by detailed financial statements. Key to the business is the unique supply chain to the business of the products from conception to consumption. All the hard work and creativity in setting up this business has already been done.
Industry / Sector:    Food - Retail
LOCATION    
State / Province:    KwaZulu-Natal RSA
City / Town:    Durban
Location / Area:    Durban North
Portability:    Moderately Portable - Possible to relocate with some disruption and cost. Would not be advisable
PRICE    
Asking Price:    R 2 900 000
Conditions:    Cash
FINANCIAL & OPERATING INFORMATION    
Turnover:    R 600 000 per month
Profit:    R 105 000 per month
Annual Return:    43 % per annum
No. of Staff:    6
Year Established:    2007
Legal Persona:    Close Corporation
Other Information:     
  PREMISES  
Lease in place for 3 more years.

  ASSETS  
Over R600,000 worth of fixed assets included in sale.

  STAFFING  
Well trained and loyal staff in place.

  NEW OWNER'S SKILLS and EXPERIENCE REQUIREMENT  
No special skills required other than hard work and common sense and to carry on running a successful business. All the hard work has already been done in the setting up of the business.

  MARKET and CUSTOMERS  
Customers loyalty is very high due to the high quality of the products at reasonable prices. Key to the business is the unique supply chain of the products that the business enjoys.

  OPPORTUNITY for GROWTH  
As always there is opportunity for growth and the existing owners can discuss their ideas with the new owners.

  LIFESTYLE ISSUES  
The business is located in a busy shopping area in Durban North and operates normal retail shopping hours.

  AVAILABILITY of AUDITED FINANCIALS  
Independently prepared financial statement are 100% up to date including latest monthly accounts for the current period.

  DUE DILIGENCE  
Any due diligence test welcomed.

  PROOF of FUNDING REQUIREMENT  
Interested parties MUST be able to demonstrate that they have access to the required funds to finance a cash transaction purchase.


 

 

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Record ID: 2654
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